Call reports 2022
SECURITY STATE BANK — 2022
What SECURITY STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 99,201,000 | 101,357,000 | 99,738,000 | 96,400,000 |
| Total loans | 48,822,000 | 50,536,000 | 50,512,000 | 54,277,000 |
| Allowance for loan losses | 628,000 | 623,000 | 620,000 | 620,000 |
| Securities available for sale | 41,900,000 | 40,351,000 | 37,201,000 | 36,361,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,034,000 | 94,830,000 | 94,157,000 | 90,071,000 |
| Interest-bearing deposits | 69,827,000 | 72,070,000 | 66,896,000 | 64,534,000 |
| Noninterest-bearing deposits | 22,207,000 | 22,760,000 | 27,261,000 | 25,537,000 |
| Equity capital | 7,042,000 | 6,363,000 | 5,411,000 | 6,128,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 762,000 | 1,537,000 | 2,375,000 | 3,309,000 |
| Interest expense | 165,000 | 322,000 | 476,000 | 705,000 |
| Net interest income | 597,000 | 1,215,000 | 1,899,000 | 2,604,000 |
| Noninterest income | 4,000 | 21,000 | 52,000 | 90,000 |
| Noninterest expense | 511,000 | 992,000 | 1,491,000 | 2,067,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 244,000 | 460,000 | 627,000 |
| Income tax | 7,000 | 19,000 | 30,000 | 42,000 |
| Net income | 83,000 | 225,000 | 430,000 | 585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,283,000 | 8,870,000 | 9,405,000 | 9,400,000 |