Call reports 2023
SECURITY STATE BANK — 2023
What SECURITY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 108,881,000 | 105,355,000 | 108,091,000 | 110,813,000 |
| Total loans | 39,652,000 | 42,701,000 | 45,545,000 | 48,781,000 |
| Allowance for loan losses | 630,000 | 630,000 | 629,000 | 629,000 |
| Securities available for sale | 53,204,000 | 49,576,000 | 48,896,000 | 49,348,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,126,000 | 94,001,000 | 92,382,000 | 92,410,000 |
| Interest-bearing deposits | 78,375,000 | 71,042,000 | 70,332,000 | 69,047,000 |
| Noninterest-bearing deposits | 23,751,000 | 22,959,000 | 22,050,000 | 23,363,000 |
| Equity capital | 6,701,000 | 6,558,000 | 6,184,000 | 7,484,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 844,000 | 1,664,000 | 2,543,000 | 3,489,000 |
| Interest expense | 220,000 | 523,000 | 934,000 | 1,444,000 |
| Net interest income | 624,000 | 1,141,000 | 1,609,000 | 2,045,000 |
| Noninterest income | 47,000 | 100,000 | 187,000 | 268,000 |
| Noninterest expense | 602,000 | 1,111,000 | 1,641,000 | 2,189,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 96,000 | 171,000 | 206,000 | 218,000 |
| Income tax | 5,000 | 27,000 | 30,000 | 30,000 |
| Net income | 91,000 | 144,000 | 176,000 | 188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,664,000 | 9,741,000 | 9,645,000 | 9,564,000 |
| Total capital | 10,294,000 | 10,371,000 | 10,274,000 | 10,193,000 |
| Risk-weighted assets | 55,574,000 | 57,855,000 | 60,895,000 | 63,312,000 |