Call reports 2023
SECURITY STATE BANK — 2023
What SECURITY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 240,293,000 | 238,683,000 | 238,771,000 | 258,206,000 |
| Total loans | 147,268,000 | 150,273,000 | 151,114,000 | 155,367,000 |
| Allowance for loan losses | 2,971,000 | 2,996,000 | 2,786,000 | 2,858,000 |
| Securities available for sale | 74,556,000 | 69,602,000 | 68,756,000 | 83,563,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,472,000 | 213,796,000 | 214,741,000 | 232,099,000 |
| Interest-bearing deposits | 166,694,000 | 164,348,000 | 165,349,000 | 182,133,000 |
| Noninterest-bearing deposits | 48,778,000 | 49,448,000 | 49,392,000 | 49,966,000 |
| Equity capital | 23,426,000 | 23,207,000 | 21,971,000 | 24,433,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,788,000 | 5,786,000 | 8,989,000 | 12,326,000 |
| Interest expense | 383,000 | 947,000 | 1,667,000 | 2,672,000 |
| Net interest income | 2,405,000 | 4,839,000 | 7,322,000 | 9,654,000 |
| Noninterest income | 1,220,000 | 1,719,000 | 2,053,000 | 2,358,000 |
| Noninterest expense | 1,592,000 | 3,197,000 | 4,706,000 | 6,360,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 1,873,000 | 2,787,000 | 3,975,000 | 4,732,000 |
| Income tax | 49,000 | 49,000 | 49,000 | 49,000 |
| Net income | 1,824,000 | 2,738,000 | 3,926,000 | 4,683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,811,000 | 26,991,000 | 27,478,000 | 26,871,000 |