Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 48,612,000 | 52,514,000 | 53,678,000 | 54,435,000 |
| Total loans | 20,187,000 | 22,280,000 | 23,118,000 | 21,466,000 |
| Allowance for loan losses | 592,000 | 593,000 | 593,000 | 563,000 |
| Securities available for sale | 23,934,000 | 24,603,000 | 25,540,000 | 29,832,000 |
| Securities held to maturity | 409,000 | 408,000 | 308,000 | 307,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,268,000 | 44,579,000 | 45,616,000 | 46,487,000 |
| Interest-bearing deposits | 33,069,000 | 35,156,000 | 35,768,000 | 35,955,000 |
| Noninterest-bearing deposits | 8,199,000 | 9,423,000 | 9,848,000 | 10,532,000 |
| Equity capital | 7,216,000 | 7,786,000 | 7,884,000 | 7,769,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 413,000 | 849,000 | 1,281,000 | 1,666,000 |
| Interest expense | 35,000 | 60,000 | 88,000 | 112,000 |
| Net interest income | 378,000 | 789,000 | 1,193,000 | 1,554,000 |
| Noninterest income | 52,000 | 94,000 | 143,000 | 229,000 |
| Noninterest expense | 381,000 | 763,000 | 1,145,000 | 1,571,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 49,000 | 120,000 | 191,000 | 215,000 |
| Income tax | 2,000 | 4,000 | 6,000 | 0 |
| Net income | 47,000 | 116,000 | 185,000 | 215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,260,000 | 7,328,000 | 7,379,000 | 7,311,000 |