Call reports 2021
SECURITY BANK MINNESOTA — 2021
What SECURITY BANK MINNESOTA 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 | 157,188,000 | 152,316,000 | 148,479,000 | 149,442,000 |
| Total loans | 110,598,000 | 114,370,000 | 111,572,000 | 115,998,000 |
| Allowance for loan losses | 1,877,000 | 1,955,000 | 2,027,000 | 2,055,000 |
| Securities available for sale | 8,721,000 | 9,265,000 | 8,089,000 | 8,975,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,096,000 | 132,092,000 | 128,952,000 | 131,176,000 |
| Interest-bearing deposits | 105,475,000 | 101,597,000 | 98,493,000 | 98,633,000 |
| Noninterest-bearing deposits | 31,621,000 | 30,495,000 | 30,459,000 | 32,543,000 |
| Equity capital | 14,353,000 | 14,987,000 | 15,406,000 | 15,288,000 |
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 | 1,722,000 | 3,369,000 | 4,852,000 | 6,318,000 |
| Interest expense | 197,000 | 374,000 | 526,000 | 658,000 |
| Net interest income | 1,525,000 | 2,995,000 | 4,326,000 | 5,660,000 |
| Noninterest income | 98,000 | 202,000 | 312,000 | 426,000 |
| Noninterest expense | 862,000 | 1,724,000 | 2,696,000 | 4,222,000 |
| Provision for loan losses | 105,000 | 185,000 | 210,000 | 210,000 |
| Pretax income | 656,000 | 1,288,000 | 1,732,000 | 1,654,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 656,000 | 1,288,000 | 1,732,000 | 1,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,746,000 | 14,394,000 | 14,854,000 | 14,792,000 |
| Total capital | 15,180,000 | 15,837,000 | 16,279,000 | 16,276,000 |
| Risk-weighted assets | 114,314,000 | 114,958,000 | 113,433,000 | 118,162,000 |