Call reports 2014
SECURITY STATE BANK — 2014
What SECURITY STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 105,494,000 | 104,222,000 | 103,196,000 | 98,349,000 |
| Total loans | 49,292,000 | 52,160,000 | 54,077,000 | 53,575,000 |
| Allowance for loan losses | 435,000 | 479,000 | 524,000 | 558,000 |
| Securities available for sale | 32,004,000 | 32,599,000 | 33,010,000 | 31,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,101,000 | 94,122,000 | 92,756,000 | 87,914,000 |
| Interest-bearing deposits | 78,365,000 | 77,678,000 | 65,218,000 | 71,263,000 |
| Noninterest-bearing deposits | 17,736,000 | 16,444,000 | 27,538,000 | 16,651,000 |
| Equity capital | 9,085,000 | 9,758,000 | 10,014,000 | 10,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 834,000 | 1,721,000 | 2,600,000 | 3,523,000 |
| Interest expense | 167,000 | 297,000 | 426,000 | 552,000 |
| Net interest income | 667,000 | 1,424,000 | 2,174,000 | 2,971,000 |
| Noninterest income | 54,000 | 117,000 | 184,000 | 254,000 |
| Noninterest expense | 470,000 | 915,000 | 1,440,000 | 2,050,000 |
| Provision for loan losses | 55,000 | 100,000 | 145,000 | 190,000 |
| Pretax income | 196,000 | 532,000 | 779,000 | 996,000 |
| Income tax | 5,000 | 0 | 36,000 | 36,000 |
| Net income | 191,000 | 532,000 | 743,000 | 960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,177,000 | 9,518,000 | 9,765,000 | 9,521,000 |
| Total capital | 9,612,000 | 9,518,000 | 10,289,000 | 10,079,000 |
| Risk-weighted assets | 58,401,000 | 17,808,000 | 63,673,000 | 57,243,000 |