Call reports 2019
SECURITY FEDERAL BANK — 2019
What SECURITY FEDERAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 68,276,000 | 66,439,000 | 62,667,000 | 62,169,000 |
| Total loans | 46,633,000 | 46,742,000 | 46,223,000 | 45,556,000 |
| Allowance for loan losses | 449,000 | 450,000 | 443,000 | 445,000 |
| Securities available for sale | 12,570,000 | 10,764,000 | 9,855,000 | 9,474,000 |
| Securities held to maturity | 257,000 | 256,000 | 255,000 | 253,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,168,000 | 51,422,000 | 47,544,000 | 47,053,000 |
| Interest-bearing deposits | 46,084,000 | 45,961,000 | 41,934,000 | 42,386,000 |
| Noninterest-bearing deposits | 5,084,000 | 5,461,000 | 5,610,000 | 4,667,000 |
| Equity capital | 9,994,000 | 9,927,000 | 9,979,000 | 10,036,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 708,000 | 1,450,000 | 2,140,000 | 2,787,000 |
| Interest expense | 199,000 | 416,000 | 626,000 | 808,000 |
| Net interest income | 509,000 | 1,034,000 | 1,514,000 | 1,979,000 |
| Noninterest income | 58,000 | 110,000 | 164,000 | 236,000 |
| Noninterest expense | 512,000 | 999,000 | 1,505,000 | 1,977,000 |
| Provision for loan losses | 3,000 | 2,000 | -7,000 | -7,000 |
| Pretax income | 52,000 | 167,000 | 204,000 | 269,000 |
| Income tax | 3,000 | 22,000 | 22,000 | 28,000 |
| Net income | 49,000 | 145,000 | 182,000 | 241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,026,000 | 9,878,000 | 9,915,000 | 9,981,000 |
| Total capital | 10,475,000 | 10,328,000 | 10,358,000 | 10,426,000 |
| Risk-weighted assets | 41,044,000 | 40,540,000 | 38,866,000 | 39,044,000 |