Call reports 2015
SECURITY FEDERAL BANK — 2015
What SECURITY FEDERAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 58,295,000 | 58,066,000 | 60,747,000 | 62,492,000 |
| Total loans | 37,484,000 | 37,358,000 | 37,753,000 | 38,960,000 |
| Allowance for loan losses | 465,000 | 392,000 | 396,000 | 419,000 |
| Securities available for sale | 12,935,000 | 12,570,000 | 13,775,000 | 14,316,000 |
| Securities held to maturity | 1,127,000 | 1,040,000 | 759,000 | 758,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,579,000 | 43,296,000 | 44,329,000 | 45,475,000 |
| Interest-bearing deposits | 39,528,000 | 38,806,000 | 39,217,000 | 40,767,000 |
| Noninterest-bearing deposits | 4,051,000 | 4,490,000 | 5,112,000 | 4,708,000 |
| Equity capital | 13,385,000 | 13,332,000 | 13,575,000 | 13,678,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 663,000 | 1,341,000 | 1,985,000 | 2,651,000 |
| Interest expense | 64,000 | 129,000 | 194,000 | 258,000 |
| Net interest income | 599,000 | 1,212,000 | 1,791,000 | 2,393,000 |
| Noninterest income | 53,000 | 142,000 | 260,000 | 451,000 |
| Noninterest expense | 445,000 | 888,000 | 1,341,000 | 1,794,000 |
| Provision for loan losses | -5,000 | -1,000 | 3,000 | 33,000 |
| Pretax income | 212,000 | 467,000 | 708,000 | 1,019,000 |
| Income tax | 57,000 | 128,000 | 191,000 | 318,000 |
| Net income | 155,000 | 339,000 | 517,000 | 701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,227,000 | 13,296,000 | 13,474,000 | 13,563,000 |
| Total capital | 13,625,000 | 13,688,000 | 13,870,000 | 13,979,000 |
| Risk-weighted assets | 31,839,000 | 31,504,000 | 32,102,000 | 33,285,000 |