Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 166,956,000 | 173,124,000 | 231,610,000 | 235,993,000 |
| Total loans | 111,259,000 | 113,064,000 | 135,986,000 | 131,347,000 |
| Allowance for loan losses | 1,910,000 | 1,973,000 | 2,098,000 | 2,285,000 |
| Securities available for sale | 47,803,000 | 48,896,000 | 73,615,000 | 82,164,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,636,000 | 145,544,000 | 201,312,000 | 206,020,000 |
| Interest-bearing deposits | 121,117,000 | 123,111,000 | 163,566,000 | 165,790,000 |
| Noninterest-bearing deposits | 19,519,000 | 22,433,000 | 37,746,000 | 40,230,000 |
| Equity capital | 24,280,000 | 26,476,000 | 28,995,000 | 28,954,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,907,000 | 3,841,000 | 5,996,000 | 8,324,000 |
| Interest expense | 357,000 | 662,000 | 990,000 | 1,325,000 |
| Net interest income | 1,550,000 | 3,179,000 | 5,006,000 | 6,999,000 |
| Noninterest income | 231,000 | 568,000 | 882,000 | 1,121,000 |
| Noninterest expense | 954,000 | 1,867,000 | 3,060,000 | 4,542,000 |
| Provision for loan losses | 250,000 | 531,000 | 681,000 | 832,000 |
| Pretax income | 607,000 | 1,386,000 | 2,193,000 | 2,795,000 |
| Income tax | 50,000 | 113,000 | 155,000 | 198,000 |
| Net income | 557,000 | 1,273,000 | 2,038,000 | 2,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,017,000 | 24,133,000 | 23,515,000 | 23,391,000 |
| Total capital | 25,513,000 | 25,687,000 | 25,549,000 | 25,409,000 |
| Risk-weighted assets | 119,281,000 | 123,938,000 | 162,703,000 | 161,203,000 |