Call reports 2014
SECURITY STATE BANK — 2014
What SECURITY STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 64,715,000 | 63,289,000 | 65,681,000 | 64,481,000 |
| Total loans | 36,947,000 | 35,234,000 | 32,331,000 | 32,222,000 |
| Allowance for loan losses | 1,016,000 | 1,068,000 | 1,467,000 | 1,100,000 |
| Securities available for sale | 20,147,000 | 23,386,000 | 25,989,000 | 28,170,000 |
| Securities held to maturity | 1,228,000 | 1,227,000 | 1,227,000 | 1,137,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,847,000 | 55,090,000 | 57,866,000 | 56,748,000 |
| Interest-bearing deposits | 48,814,000 | 46,303,000 | 48,967,000 | 48,244,000 |
| Noninterest-bearing deposits | 8,033,000 | 8,787,000 | 8,899,000 | 8,504,000 |
| Equity capital | 7,615,000 | 7,961,000 | 7,565,000 | 7,534,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 718,000 | 1,435,000 | 2,093,000 | 2,732,000 |
| Interest expense | 60,000 | 121,000 | 180,000 | 236,000 |
| Net interest income | 658,000 | 1,314,000 | 1,913,000 | 2,496,000 |
| Noninterest income | 31,000 | 88,000 | 143,000 | 226,000 |
| Noninterest expense | 508,000 | 1,008,000 | 1,580,000 | 2,179,000 |
| Provision for loan losses | 80,000 | 126,000 | 542,000 | 662,000 |
| Pretax income | 101,000 | 268,000 | -65,000 | -118,000 |
| Income tax | 5,000 | 10,000 | 16,000 | 0 |
| Net income | 96,000 | 258,000 | -81,000 | -118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,331,000 | 7,493,000 | 7,133,000 | 7,037,000 |
| Total capital | 7,816,000 | 7,965,000 | 7,580,000 | 7,491,000 |
| Risk-weighted assets | 38,270,000 | 37,128,000 | 34,746,000 | 35,681,000 |