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 | 102,761,000 | 107,599,000 | 105,000,000 | 113,102,000 |
| Total loans | 50,559,000 | 54,059,000 | 51,674,000 | 47,736,000 |
| Allowance for loan losses | 649,000 | 657,000 | 666,000 | 668,000 |
| Securities available for sale | 10,867,000 | 11,974,000 | 20,140,000 | 23,556,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,022,000 | 97,680,000 | 95,021,000 | 103,197,000 |
| Interest-bearing deposits | 74,889,000 | 76,675,000 | 73,995,000 | 77,849,000 |
| Noninterest-bearing deposits | 18,133,000 | 21,005,000 | 21,026,000 | 25,348,000 |
| Equity capital | 9,631,000 | 9,813,000 | 9,881,000 | 9,808,000 |
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 | 809,000 | 1,524,000 | 2,335,000 | 2,989,000 |
| Interest expense | 201,000 | 377,000 | 525,000 | 660,000 |
| Net interest income | 608,000 | 1,147,000 | 1,810,000 | 2,329,000 |
| Noninterest income | 48,000 | 84,000 | 123,000 | 162,000 |
| Noninterest expense | 628,000 | 1,128,000 | 1,692,000 | 2,211,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 33,000 |
| Pretax income | 19,000 | 85,000 | 214,000 | 247,000 |
| Income tax | 1,000 | 4,000 | 11,000 | 12,000 |
| Net income | 18,000 | 81,000 | 203,000 | 235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,022,000 | 9,086,000 | 9,163,000 | 9,080,000 |
| Total capital | 9,626,000 | 9,743,000 | 9,829,000 | 9,718,000 |
| Risk-weighted assets | 48,313,000 | 52,595,000 | 53,392,000 | 51,024,000 |