Call reports 2024
SECURITY BANK — 2024
What SECURITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Total assets | 62,865,000 | 61,804,000 |
| Total loans | 51,953,000 | 52,592,000 |
| Allowance for loan losses | 822,000 | 821,000 |
| Securities available for sale | 3,314,000 | 3,075,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 54,037,000 | 53,008,000 |
| Interest-bearing deposits | 50,338,000 | 48,968,000 |
| Noninterest-bearing deposits | 3,699,000 | 4,040,000 |
| Equity capital | 7,663,000 | 7,589,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Interest income | 1,031,000 | 2,063,000 |
| Interest expense | 445,000 | 903,000 |
| Net interest income | 586,000 | 1,160,000 |
| Noninterest income | 39,000 | 83,000 |
| Noninterest expense | 472,000 | 914,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 153,000 | 329,000 |
| Income tax | 0 | 12,000 |
| Net income | 153,000 | 317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Tier 1 capital | 7,855,000 | 7,770,000 |