Call reports 2024
SECURITY STATE BANK — 2024
What SECURITY STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 113,219,000 | 112,613,000 | 113,231,000 | 112,200,000 |
| Total loans | 47,865,000 | 47,767,000 | 49,594,000 | 53,377,000 |
| Allowance for loan losses | 629,000 | 629,000 | 629,000 | 629,000 |
| Securities available for sale | 47,191,000 | 44,172,000 | 43,107,000 | 40,946,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,590,000 | 104,678,000 | 104,258,000 | 102,918,000 |
| Interest-bearing deposits | 83,548,000 | 83,156,000 | 83,954,000 | 82,473,000 |
| Noninterest-bearing deposits | 22,042,000 | 21,522,000 | 20,304,000 | 20,445,000 |
| Equity capital | 7,445,000 | 7,695,000 | 8,730,000 | 8,452,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 992,000 | 2,089,000 | 3,261,000 | 4,492,000 |
| Interest expense | 524,000 | 1,099,000 | 1,705,000 | 2,331,000 |
| Net interest income | 468,000 | 990,000 | 1,556,000 | 2,161,000 |
| Noninterest income | 76,000 | 151,000 | 199,000 | 248,000 |
| Noninterest expense | 585,000 | 1,102,000 | 1,631,000 | 2,200,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -37,000 | 2,000 | 107,000 | 203,000 |
| Income tax | -2,000 | 0 | 5,000 | 9,000 |
| Net income | -35,000 | 2,000 | 102,000 | 194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,529,000 | 9,555,000 | 9,606,000 | 9,611,000 |
| Total capital | 10,158,000 | 10,184,000 | 10,235,000 | 10,240,000 |
| Risk-weighted assets | 62,089,000 | 61,112,000 | 60,848,000 | 65,003,000 |