Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE BANK 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 | 80,836,000 | 85,042,000 | 93,534,000 | 91,261,000 |
| Total loans | 54,101,000 | 56,674,000 | 54,693,000 | 55,472,000 |
| Allowance for loan losses | 373,000 | 390,000 | 390,000 | 478,000 |
| Securities available for sale | 18,488,000 | 18,357,000 | 23,863,000 | 27,752,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,512,000 | 75,564,000 | 84,064,000 | 81,819,000 |
| Interest-bearing deposits | 57,694,000 | 58,771,000 | 58,899,000 | 59,982,000 |
| Noninterest-bearing deposits | 13,818,000 | 16,793,000 | 25,165,000 | 21,837,000 |
| Equity capital | 9,092,000 | 9,191,000 | 9,223,000 | 9,185,000 |
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 | 905,000 | 1,799,000 | 2,693,000 | 3,565,000 |
| Interest expense | 249,000 | 498,000 | 743,000 | 976,000 |
| Net interest income | 656,000 | 1,301,000 | 1,950,000 | 2,589,000 |
| Noninterest income | 10,000 | 36,000 | 53,000 | 84,000 |
| Noninterest expense | 484,000 | 963,000 | 1,472,000 | 1,952,000 |
| Provision for loan losses | 0 | 17,000 | 17,000 | 107,000 |
| Pretax income | 182,000 | 357,000 | 514,000 | 614,000 |
| Income tax | 9,000 | 16,000 | 23,000 | 31,000 |
| Net income | 173,000 | 341,000 | 491,000 | 583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,883,000 | 8,972,000 | 9,026,000 | 8,984,000 |