Call reports 2020
SECURITY STATE BANK, THE — 2020
What SECURITY STATE BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 45,366,000 | 47,893,000 | 48,240,000 | 51,898,000 |
| Total loans | 18,824,000 | 22,166,000 | 22,588,000 | 22,565,000 |
| Allowance for loan losses | 519,000 | 524,000 | 531,000 | 536,000 |
| Securities available for sale | 13,251,000 | 11,946,000 | 11,646,000 | 10,477,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,963,000 | 40,137,000 | 40,374,000 | 44,099,000 |
| Interest-bearing deposits | 22,147,000 | 22,709,000 | 22,108,000 | 22,441,000 |
| Noninterest-bearing deposits | 15,816,000 | 17,428,000 | 18,266,000 | 21,658,000 |
| Equity capital | 7,362,000 | 7,682,000 | 7,754,000 | 7,778,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 505,000 | 1,048,000 | 1,501,000 | 1,948,000 |
| Interest expense | 28,000 | 52,000 | 77,000 | 101,000 |
| Net interest income | 477,000 | 996,000 | 1,424,000 | 1,847,000 |
| Noninterest income | 51,000 | 89,000 | 132,000 | 178,000 |
| Noninterest expense | 390,000 | 782,000 | 1,177,000 | 1,583,000 |
| Provision for loan losses | 7,000 | 15,000 | 20,000 | 22,000 |
| Pretax income | 132,000 | 289,000 | 360,000 | 421,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 132,000 | 289,000 | 360,000 | 421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,044,000 | 7,201,000 | 7,272,000 | 7,333,000 |
| Total capital | 7,320,000 | 7,515,000 | 7,570,000 | 7,649,000 |
| Risk-weighted assets | 21,856,000 | 24,942,000 | 23,633,000 | 25,081,000 |