Call reports 2017
SECURITY STATE BANK — 2017
What SECURITY STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 94,067,000 | 91,120,000 | 91,754,000 | 98,580,000 |
| Total loans | 46,574,000 | 46,893,000 | 49,049,000 | 51,903,000 |
| Allowance for loan losses | 877,000 | 922,000 | 1,012,000 | 1,002,000 |
| Securities available for sale | 23,797,000 | 24,861,000 | 23,204,000 | 23,055,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,416,000 | 80,485,000 | 79,207,000 | 89,188,000 |
| Interest-bearing deposits | 70,159,000 | 66,465,000 | 63,892,000 | 66,267,000 |
| Noninterest-bearing deposits | 14,257,000 | 14,020,000 | 15,315,000 | 22,921,000 |
| Equity capital | 9,327,000 | 9,292,000 | 9,233,000 | 9,265,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 757,000 | 1,522,000 | 2,333,000 | 3,119,000 |
| Interest expense | 104,000 | 213,000 | 324,000 | 443,000 |
| Net interest income | 653,000 | 1,309,000 | 2,009,000 | 2,676,000 |
| Noninterest income | 52,000 | 119,000 | 175,000 | 230,000 |
| Noninterest expense | 476,000 | 955,000 | 1,439,000 | 2,135,000 |
| Provision for loan losses | 45,000 | 90,000 | 180,000 | 225,000 |
| Pretax income | 184,000 | 383,000 | 565,000 | 546,000 |
| Income tax | 9,000 | 17,000 | 27,000 | 40,000 |
| Net income | 175,000 | 366,000 | 538,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,863,000 | 9,584,000 | 9,502,000 | 9,270,000 |
| Total capital | 10,488,000 | 10,214,000 | 10,154,000 | 9,959,000 |
| Risk-weighted assets | 49,744,000 | 50,088,000 | 51,822,000 | 54,811,000 |