Call reports 2024
SECURITY STATE BANK OF KENYON — 2024
What SECURITY STATE BANK OF KENYON reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 69,898,000 | 69,968,000 | 68,149,000 | 70,069,000 |
| Total loans | 51,617,000 | 51,001,000 | 50,186,000 | 51,770,000 |
| Allowance for loan losses | 521,000 | 520,000 | 521,000 | 505,000 |
| Securities available for sale | 8,868,000 | 8,023,000 | 8,921,000 | 8,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,722,000 | 59,703,000 | 58,550,000 | 61,894,000 |
| Interest-bearing deposits | 44,916,000 | 42,154,000 | 41,078,000 | 42,090,000 |
| Noninterest-bearing deposits | 16,806,000 | 17,549,000 | 17,472,000 | 19,804,000 |
| Equity capital | 7,947,000 | 8,035,000 | 8,377,000 | 7,964,000 |
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 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 863,000 | 1,747,000 | 2,633,000 | 3,578,000 |
| Interest expense | 143,000 | 339,000 | 563,000 | 759,000 |
| Net interest income | 720,000 | 1,408,000 | 2,070,000 | 2,819,000 |
| Noninterest income | 54,000 | 96,000 | 139,000 | 411,000 |
| Noninterest expense | 592,000 | 1,140,000 | 1,697,000 | 2,298,000 |
| Provision for loan losses | -25,000 | -28,000 | -29,000 | 540,000 |
| Pretax income | 213,000 | 395,000 | 543,000 | 394,000 |
| Income tax | 28,000 | 46,000 | 64,000 | 64,000 |
| Net income | 185,000 | 349,000 | 479,000 | 330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,611,000 | 8,721,000 | 8,814,000 | 8,632,000 |
| Total capital | 9,140,000 | 9,252,000 | 9,347,000 | 9,149,000 |
| Risk-weighted assets | 54,792,000 | 54,560,000 | 54,040,000 | 55,689,000 |