Call reports 2024
SECURITY BANK — 2024
What SECURITY 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 | 842,326,000 | 840,443,000 | 856,361,000 | 874,599,000 |
| Total loans | 735,381,000 | 737,729,000 | 736,148,000 | 750,146,000 |
| Allowance for loan losses | 14,983,000 | 14,575,000 | 14,520,000 | 14,188,000 |
| Securities available for sale | 31,943,000 | 31,623,000 | 30,640,000 | 30,456,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 746,711,000 | 745,475,000 | 756,637,000 | 775,785,000 |
| Interest-bearing deposits | 589,312,000 | 600,671,000 | 614,137,000 | 644,041,000 |
| Noninterest-bearing deposits | 157,399,000 | 144,804,000 | 142,500,000 | 131,744,000 |
| Equity capital | 91,825,000 | 92,407,000 | 95,728,000 | 95,687,000 |
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 | 14,614,000 | 29,672,000 | 45,592,000 | 61,010,000 |
| Interest expense | 6,636,000 | 13,379,000 | 20,396,000 | 27,427,000 |
| Net interest income | 7,978,000 | 16,293,000 | 25,196,000 | 33,583,000 |
| Noninterest income | 435,000 | 665,000 | 907,000 | 1,145,000 |
| Noninterest expense | 3,540,000 | 7,144,000 | 10,635,000 | 14,534,000 |
| Provision for loan losses | 368,000 | 492,000 | 462,000 | 462,000 |
| Pretax income | 4,373,000 | 9,114,000 | 14,768,000 | 19,494,000 |
| Income tax | 225,000 | 430,000 | 690,000 | 904,000 |
| Net income | 4,148,000 | 8,684,000 | 14,078,000 | 18,590,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,345,000 | 93,776,000 | 96,395,000 | 96,662,000 |
| Total capital | 102,947,000 | 103,527,000 | 106,043,000 | 106,544,000 |
| Risk-weighted assets | 762,276,000 | 774,636,000 | 766,357,000 | 785,659,000 |