Call reports 2016
SECURITY STATE BANK — 2016
What SECURITY STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 95,221,000 | 92,907,000 | 92,915,000 | 93,561,000 |
| Total loans | 48,368,000 | 48,609,000 | 49,613,000 | 50,643,000 |
| Allowance for loan losses | 781,000 | 826,000 | 845,000 | 890,000 |
| Securities available for sale | 27,237,000 | 24,604,000 | 21,143,000 | 23,602,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,298,000 | 81,712,000 | 81,911,000 | 81,332,000 |
| Interest-bearing deposits | 69,203,000 | 68,179,000 | 66,542,000 | 64,107,000 |
| Noninterest-bearing deposits | 15,095,000 | 13,533,000 | 15,369,000 | 17,225,000 |
| Equity capital | 10,526,000 | 10,833,000 | 10,457,000 | 9,502,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 809,000 | 1,618,000 | 2,436,000 | 3,233,000 |
| Interest expense | 114,000 | 224,000 | 333,000 | 445,000 |
| Net interest income | 695,000 | 1,394,000 | 2,103,000 | 2,788,000 |
| Noninterest income | 51,000 | 109,000 | 161,000 | 215,000 |
| Noninterest expense | 436,000 | 891,000 | 1,378,000 | 2,044,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 265,000 | 524,000 | 753,000 | 782,000 |
| Income tax | 13,000 | 26,000 | 38,000 | 38,000 |
| Net income | 252,000 | 498,000 | 715,000 | 744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,769,000 | 10,025,000 | 9,735,000 | 9,606,000 |
| Total capital | 10,418,000 | 10,667,000 | 10,388,000 | 10,285,000 |
| Risk-weighted assets | 51,816,000 | 51,033,000 | 52,037,000 | 54,093,000 |