Call reports 2021
SECURITY STATE BANK — 2021
What SECURITY STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 54,917,000 | 55,518,000 | 57,174,000 | 59,951,000 |
| Total loans | 20,880,000 | 19,663,000 | 19,225,000 | 17,812,000 |
| Allowance for loan losses | 357,000 | 428,000 | 431,000 | 434,000 |
| Securities available for sale | 27,437,000 | 27,678,000 | 25,594,000 | 25,718,000 |
| Securities held to maturity | 306,000 | 305,000 | 304,000 | 303,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,872,000 | 47,368,000 | 48,847,000 | 52,062,000 |
| Interest-bearing deposits | 35,718,000 | 37,074,000 | 38,137,000 | 40,412,000 |
| Noninterest-bearing deposits | 11,154,000 | 10,294,000 | 10,710,000 | 11,650,000 |
| Equity capital | 7,910,000 | 8,025,000 | 8,176,000 | 7,779,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 506,000 | 1,028,000 | 1,324,000 | 1,654,000 |
| Interest expense | 23,000 | 46,000 | 69,000 | 91,000 |
| Net interest income | 483,000 | 982,000 | 1,255,000 | 1,563,000 |
| Noninterest income | 51,000 | 86,000 | 231,000 | 283,000 |
| Noninterest expense | 378,000 | 765,000 | 1,123,000 | 1,508,000 |
| Provision for loan losses | -218,000 | -218,000 | -218,000 | -218,000 |
| Pretax income | 374,000 | 521,000 | 581,000 | 556,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 13,000 |
| Net income | 373,000 | 519,000 | 579,000 | 543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,719,000 | 7,817,000 | 7,877,000 | 7,704,000 |