Call reports 2021
SECURITY STATE BANK — 2021
What SECURITY STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 119,818,000 | 120,616,000 | 114,371,000 | 119,458,000 |
| Total loans | 45,888,000 | 42,984,000 | 42,277,000 | 41,954,000 |
| Allowance for loan losses | 669,000 | 669,000 | 668,000 | 669,000 |
| Securities available for sale | 32,392,000 | 38,482,000 | 41,094,000 | 50,720,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,754,000 | 110,673,000 | 104,564,000 | 109,916,000 |
| Interest-bearing deposits | 84,468,000 | 83,692,000 | 79,229,000 | 83,441,000 |
| Noninterest-bearing deposits | 25,286,000 | 26,981,000 | 25,335,000 | 26,475,000 |
| Equity capital | 9,963,000 | 9,835,000 | 9,710,000 | 9,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 925,000 | 1,699,000 | 2,272,000 | 2,943,000 |
| Interest expense | 114,000 | 222,000 | 317,000 | 403,000 |
| Net interest income | 811,000 | 1,477,000 | 1,955,000 | 2,540,000 |
| Noninterest income | 72,000 | 41,000 | 131,000 | 195,000 |
| Noninterest expense | 549,000 | 1,040,000 | 1,532,000 | 2,140,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 334,000 | 478,000 | 554,000 | 595,000 |
| Income tax | 17,000 | 24,000 | 28,000 | 53,000 |
| Net income | 317,000 | 454,000 | 526,000 | 542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,390,000 | 9,223,000 | 9,178,000 | 9,152,000 |
| Total capital | 10,052,000 | 9,858,000 | 9,816,000 | 9,821,000 |
| Risk-weighted assets | 52,962,000 | 50,761,000 | 51,035,000 | 55,901,000 |