Call reports 2014
SECURITY STATE BANK — 2014
What SECURITY STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 74,053,000 | 73,512,000 | 72,164,000 | 76,204,000 |
| Total loans | 41,629,000 | 42,549,000 | 43,635,000 | 48,494,000 |
| Allowance for loan losses | 209,000 | 209,000 | 209,000 | 229,000 |
| Securities available for sale | 0 | 24,917,000 | 23,646,000 | 22,355,000 |
| Securities held to maturity | 26,922,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,574,000 | 65,104,000 | 63,987,000 | 65,070,000 |
| Interest-bearing deposits | 54,182,000 | 54,013,000 | 51,709,000 | 51,137,000 |
| Noninterest-bearing deposits | 11,392,000 | 11,091,000 | 12,278,000 | 13,933,000 |
| Equity capital | 7,764,000 | 7,674,000 | 7,764,000 | 7,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 778,000 | 1,566,000 | 2,357,000 | 3,158,000 |
| Interest expense | 179,000 | 354,000 | 526,000 | 693,000 |
| Net interest income | 599,000 | 1,212,000 | 1,831,000 | 2,465,000 |
| Noninterest income | 8,000 | 36,000 | 42,000 | 58,000 |
| Noninterest expense | 416,000 | 813,000 | 1,213,000 | 1,667,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 34,000 |
| Pretax income | 189,000 | 433,000 | 654,000 | 818,000 |
| Income tax | 11,000 | 22,000 | 33,000 | 44,000 |
| Net income | 178,000 | 411,000 | 621,000 | 774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,764,000 | 7,914,000 | 8,034,000 | 7,862,000 |
| Total capital | 7,973,000 | 8,123,000 | 8,243,000 | 8,091,000 |
| Risk-weighted assets | 47,214,000 | 48,161,000 | 49,155,000 | 53,325,000 |