Call reports 2017
SECURITY STATE BANK — 2017
What SECURITY STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 74,191,000 | 76,253,000 | 74,995,000 | 80,219,000 |
| Total loans | 48,806,000 | 50,647,000 | 51,474,000 | 53,466,000 |
| Allowance for loan losses | 246,000 | 246,000 | 246,000 | 266,000 |
| Securities available for sale | 21,351,000 | 19,676,000 | 18,713,000 | 19,057,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,915,000 | 67,742,000 | 66,376,000 | 71,767,000 |
| Interest-bearing deposits | 52,815,000 | 53,184,000 | 52,162,000 | 54,646,000 |
| Noninterest-bearing deposits | 13,100,000 | 14,558,000 | 14,214,000 | 17,121,000 |
| Equity capital | 8,135,000 | 8,343,000 | 8,439,000 | 8,280,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 768,000 | 1,572,000 | 2,383,000 | 3,216,000 |
| Interest expense | 154,000 | 311,000 | 478,000 | 648,000 |
| Net interest income | 614,000 | 1,261,000 | 1,905,000 | 2,568,000 |
| Noninterest income | 24,000 | 28,000 | 31,000 | 47,000 |
| Noninterest expense | 432,000 | 873,000 | 1,306,000 | 1,783,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 206,000 | 416,000 | 630,000 | 812,000 |
| Income tax | 6,000 | 10,000 | 15,000 | 19,000 |
| Net income | 200,000 | 406,000 | 615,000 | 793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,279,000 | 8,375,000 | 8,469,000 | 8,437,000 |
| Total capital | 8,525,000 | 8,621,000 | 8,715,000 | 8,703,000 |
| Risk-weighted assets | 53,886,000 | 56,227,000 | 57,082,000 | 59,204,000 |