Call reports 2021
SECURITY STATE BANK — 2021
What SECURITY STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 90,131,000 | 94,023,000 | 97,424,000 | 97,603,000 |
| Total loans | 53,477,000 | 52,261,000 | 50,201,000 | 54,265,000 |
| Allowance for loan losses | 478,000 | 478,000 | 478,000 | 628,000 |
| Securities available for sale | 29,069,000 | 33,714,000 | 37,787,000 | 39,577,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,642,000 | 84,354,000 | 87,802,000 | 88,416,000 |
| Interest-bearing deposits | 64,245,000 | 65,642,000 | 64,509,000 | 65,592,000 |
| Noninterest-bearing deposits | 16,397,000 | 18,712,000 | 23,293,000 | 22,825,000 |
| Equity capital | 9,292,000 | 9,437,000 | 9,424,000 | 8,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 807,000 | 1,589,000 | 2,364,000 | 3,137,000 |
| Interest expense | 222,000 | 438,000 | 645,000 | 828,000 |
| Net interest income | 585,000 | 1,151,000 | 1,719,000 | 2,309,000 |
| Noninterest income | 332,000 | 541,000 | 574,000 | 586,000 |
| Noninterest expense | 494,000 | 1,011,000 | 1,506,000 | 2,016,000 |
| Provision for loan losses | 0 | 0 | 0 | 150,000 |
| Pretax income | 423,000 | 681,000 | 787,000 | 729,000 |
| Income tax | 4,000 | 6,000 | 9,000 | 11,000 |
| Net income | 419,000 | 675,000 | 778,000 | 718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,292,000 | 9,474,000 | 9,462,000 | 9,221,000 |