Call reports 2016
SECURITY FEDERAL BANK — 2016
What SECURITY FEDERAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 63,339,000 | 63,155,000 | 63,686,000 | 61,744,000 |
| Total loans | 39,475,000 | 41,793,000 | 41,621,000 | 40,795,000 |
| Allowance for loan losses | 423,000 | 433,000 | 429,000 | 459,000 |
| Securities available for sale | 14,343,000 | 11,616,000 | 12,297,000 | 12,176,000 |
| Securities held to maturity | 757,000 | 666,000 | 664,000 | 664,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,411,000 | 47,016,000 | 47,335,000 | 46,040,000 |
| Interest-bearing deposits | 40,649,000 | 41,126,000 | 40,986,000 | 40,400,000 |
| Noninterest-bearing deposits | 4,762,000 | 5,890,000 | 6,349,000 | 5,640,000 |
| Equity capital | 13,924,000 | 12,149,000 | 12,262,000 | 11,848,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 668,000 | 1,343,000 | 2,005,000 | 2,670,000 |
| Interest expense | 71,000 | 145,000 | 220,000 | 298,000 |
| Net interest income | 597,000 | 1,198,000 | 1,785,000 | 2,372,000 |
| Noninterest income | 126,000 | 186,000 | 288,000 | 391,000 |
| Noninterest expense | 452,000 | 934,000 | 1,416,000 | 1,871,000 |
| Provision for loan losses | 4,000 | 24,000 | 20,000 | 48,000 |
| Pretax income | 267,000 | 630,000 | 841,000 | 1,048,000 |
| Income tax | 69,000 | 184,000 | 244,000 | 334,000 |
| Net income | 198,000 | 446,000 | 597,000 | 714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,760,000 | 12,008,000 | 12,160,000 | 11,977,000 |
| Total capital | 14,183,000 | 12,434,000 | 12,589,000 | 12,402,000 |
| Risk-weighted assets | 33,803,000 | 34,055,000 | 34,596,000 | 33,928,000 |