Call reports 2023
SECURITY STATE BANK — 2023
What SECURITY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 51,760,000 | 52,371,000 | 53,273,000 | 54,296,000 |
| Total loans | 17,735,000 | 19,678,000 | 19,120,000 | 19,459,000 |
| Allowance for loan losses | 420,000 | 422,000 | 416,000 | 416,000 |
| Securities available for sale | 29,664,000 | 28,438,000 | 26,663,000 | 26,563,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,187,000 | 43,924,000 | 46,081,000 | 47,275,000 |
| Interest-bearing deposits | 37,010,000 | 34,876,000 | 35,562,000 | 37,837,000 |
| Noninterest-bearing deposits | 9,177,000 | 9,048,000 | 10,519,000 | 9,438,000 |
| Equity capital | 5,426,000 | 5,349,000 | 4,918,000 | 5,615,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 459,000 | 949,000 | 1,469,000 | 2,009,000 |
| Interest expense | 65,000 | 180,000 | 314,000 | 456,000 |
| Net interest income | 394,000 | 769,000 | 1,155,000 | 1,553,000 |
| Noninterest income | 50,000 | 98,000 | 147,000 | 199,000 |
| Noninterest expense | 388,000 | 737,000 | 1,110,000 | 1,548,000 |
| Provision for loan losses | 0 | 8,000 | 0 | 0 |
| Pretax income | 56,000 | 122,000 | 192,000 | 204,000 |
| Income tax | 8,000 | 5,000 | 9,000 | 13,000 |
| Net income | 48,000 | 117,000 | 183,000 | 191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,942,000 | 8,011,000 | 8,076,000 | 7,935,000 |