FACTANKER · measured, cited, anchored official records connected

Call reports 2023

SECURITY BANK — 2023

What SECURITY BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/19f6dad1-bd84-4d47-b3ae-1990fbe9034e/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets784,242,000788,776,000799,413,000819,535,000
Total loans653,460,000653,219,000682,923,000708,676,000
Allowance for loan losses13,998,00014,196,00014,510,00014,626,000
Securities available for sale33,063,00032,601,00033,647,00033,823,000
Securities held to maturity0000
Trading assets0000
Total deposits698,717,000701,600,000709,559,000729,141,000
Interest-bearing deposits538,515,000552,217,000556,320,000573,860,000
Noninterest-bearing deposits160,202,000149,383,000153,239,000155,281,000
Equity capital82,989,00085,182,00086,335,00088,069,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income11,471,00024,058,00037,227,00051,488,000
Interest expense4,375,0009,316,00014,968,00021,201,000
Net interest income7,096,00014,742,00022,259,00030,287,000
Noninterest income299,000627,000867,0001,117,000
Noninterest expense3,022,0006,184,0009,426,00012,826,000
Provision for loan losses166,000366,000691,000991,000
Pretax income3,773,0008,385,00012,575,00017,153,000
Income tax84,000282,000473,000623,000
Net income3,689,0008,103,00012,102,00016,530,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital84,981,00087,295,00088,644,00089,797,000
Total capital93,613,00095,964,00097,686,00099,176,000
Risk-weighted assets684,785,000687,594,000717,468,000744,683,000