Call reports 2020
SECURITY BANK MINNESOTA — 2020
What SECURITY BANK MINNESOTA 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 | 136,274,000 | 145,094,000 | 151,499,000 | 152,931,000 |
| Total loans | 115,370,000 | 119,502,000 | 118,350,000 | 114,331,000 |
| Allowance for loan losses | 1,588,000 | 1,801,000 | 1,741,000 | 1,637,000 |
| Securities available for sale | 9,837,000 | 9,508,000 | 9,085,000 | 8,901,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,575,000 | 124,647,000 | 130,791,000 | 133,818,000 |
| Interest-bearing deposits | 98,149,000 | 98,068,000 | 102,259,000 | 103,690,000 |
| Noninterest-bearing deposits | 22,427,000 | 26,579,000 | 28,532,000 | 30,128,000 |
| Equity capital | 13,704,000 | 14,275,000 | 14,688,000 | 14,848,000 |
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 | 1,745,000 | 3,572,000 | 5,233,000 | 6,845,000 |
| Interest expense | 277,000 | 540,000 | 792,000 | 1,022,000 |
| Net interest income | 1,468,000 | 3,032,000 | 4,441,000 | 5,823,000 |
| Noninterest income | 107,000 | 203,000 | 303,000 | 430,000 |
| Noninterest expense | 883,000 | 1,731,000 | 2,591,000 | 3,693,000 |
| Provision for loan losses | 205,000 | 480,000 | 715,000 | 955,000 |
| Pretax income | 487,000 | 1,024,000 | 1,438,000 | 1,605,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 487,000 | 1,024,000 | 1,438,000 | 1,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,976,000 | 13,536,000 | 13,975,000 | 14,168,000 |
| Total capital | 14,477,000 | 15,058,000 | 15,483,000 | 15,644,000 |
| Risk-weighted assets | 120,003,000 | 121,445,000 | 120,407,000 | 117,894,000 |