Call reports 2018
SECURITY FEDERAL BANK — 2018
What SECURITY FEDERAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 67,005,000 | 67,256,000 | 69,061,000 | 68,042,000 |
| Total loans | 44,209,000 | 44,809,000 | 45,278,000 | 46,263,000 |
| Allowance for loan losses | 444,000 | 451,000 | 454,000 | 444,000 |
| Securities available for sale | 12,735,000 | 14,318,000 | 13,936,000 | 13,856,000 |
| Securities held to maturity | 486,000 | 387,000 | 259,000 | 258,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,060,000 | 51,416,000 | 52,129,000 | 51,169,000 |
| Interest-bearing deposits | 45,314,000 | 45,557,000 | 46,138,000 | 45,872,000 |
| Noninterest-bearing deposits | 5,746,000 | 5,859,000 | 5,991,000 | 5,297,000 |
| Equity capital | 10,006,000 | 9,878,000 | 9,916,000 | 9,866,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 692,000 | 1,406,000 | 2,108,000 | 2,833,000 |
| Interest expense | 138,000 | 287,000 | 450,000 | 628,000 |
| Net interest income | 554,000 | 1,119,000 | 1,658,000 | 2,205,000 |
| Noninterest income | 50,000 | 119,000 | 197,000 | 271,000 |
| Noninterest expense | 493,000 | 1,011,000 | 1,505,000 | 2,009,000 |
| Provision for loan losses | 5,000 | 11,000 | 12,000 | 20,000 |
| Pretax income | 106,000 | 216,000 | 338,000 | 447,000 |
| Income tax | 17,000 | 35,000 | 56,000 | 106,000 |
| Net income | 89,000 | 181,000 | 282,000 | 341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,167,000 | 10,060,000 | 10,162,000 | 9,977,000 |
| Total capital | 10,611,000 | 10,511,000 | 10,616,000 | 10,421,000 |
| Risk-weighted assets | 39,203,000 | 38,961,000 | 40,341,000 | 40,639,000 |