Call reports 2023
SECURITY BANK — 2023
What SECURITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 67,517,000 | 66,666,000 | 65,742,000 | 63,513,000 |
| Total loans | 52,615,000 | 53,137,000 | 53,712,000 | 52,475,000 |
| Allowance for loan losses | 849,000 | 862,000 | 864,000 | 821,000 |
| Securities available for sale | 4,169,000 | 3,796,000 | 3,719,000 | 3,505,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,493,000 | 57,565,000 | 57,048,000 | 54,840,000 |
| Interest-bearing deposits | 53,737,000 | 52,747,000 | 52,806,000 | 50,904,000 |
| Noninterest-bearing deposits | 4,756,000 | 4,818,000 | 4,242,000 | 3,936,000 |
| Equity capital | 7,905,000 | 7,957,000 | 7,503,000 | 7,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 929,000 | 1,903,000 | 2,905,000 | 3,924,000 |
| Interest expense | 272,000 | 613,000 | 1,015,000 | 1,450,000 |
| Net interest income | 657,000 | 1,290,000 | 1,890,000 | 2,474,000 |
| Noninterest income | 45,000 | 103,000 | 137,000 | 204,000 |
| Noninterest expense | 447,000 | 910,000 | 1,354,000 | 1,824,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 250,000 | 478,000 | 669,000 | 850,000 |
| Income tax | 0 | 14,000 | 22,000 | 28,000 |
| Net income | 250,000 | 464,000 | 647,000 | 822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,137,000 | 8,225,000 | 7,787,000 | 7,712,000 |