Call reports 2017
SECURITY FEDERAL BANK — 2017
What SECURITY FEDERAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 62,884,000 | 62,666,000 | 63,630,000 | 65,034,000 |
| Total loans | 43,664,000 | 43,151,000 | 44,270,000 | 45,412,000 |
| Allowance for loan losses | 441,000 | 432,000 | 442,000 | 437,000 |
| Securities available for sale | 11,940,000 | 11,967,000 | 11,607,000 | 8,178,000 |
| Securities held to maturity | 662,000 | 489,000 | 488,000 | 487,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,131,000 | 46,185,000 | 42,374,000 | 48,524,000 |
| Interest-bearing deposits | 40,730,000 | 40,988,000 | 36,874,000 | 43,126,000 |
| Noninterest-bearing deposits | 5,401,000 | 5,197,000 | 5,500,000 | 5,398,000 |
| Equity capital | 9,733,000 | 9,975,000 | 10,072,000 | 10,085,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 658,000 | 1,315,000 | 1,978,000 | 2,654,000 |
| Interest expense | 80,000 | 169,000 | 268,000 | 392,000 |
| Net interest income | 578,000 | 1,146,000 | 1,710,000 | 2,262,000 |
| Noninterest income | 64,000 | 158,000 | 237,000 | 322,000 |
| Noninterest expense | 445,000 | 921,000 | 1,401,000 | 1,890,000 |
| Provision for loan losses | 6,000 | -5,000 | 3,000 | -3,000 |
| Pretax income | 192,000 | 389,000 | 544,000 | 546,000 |
| Income tax | 50,000 | 113,000 | 162,000 | 143,000 |
| Net income | 142,000 | 276,000 | 382,000 | 403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,818,000 | 9,952,000 | 10,059,000 | 10,080,000 |
| Total capital | 10,259,000 | 10,384,000 | 10,501,000 | 10,517,000 |
| Risk-weighted assets | 38,026,000 | 37,662,000 | 38,669,000 | 39,898,000 |