Call reports 2023
SECURITY BANK MINNESOTA — 2023
What SECURITY BANK MINNESOTA 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 | 148,293,000 | 142,269,000 | 143,234,000 | 147,802,000 |
| Total loans | 123,362,000 | 122,891,000 | 123,998,000 | 124,235,000 |
| Allowance for loan losses | 2,009,000 | 1,883,000 | 1,908,000 | 1,865,000 |
| Securities available for sale | 13,308,000 | 12,779,000 | 13,071,000 | 13,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,166,000 | 120,192,000 | 118,309,000 | 123,434,000 |
| Interest-bearing deposits | 96,535,000 | 93,240,000 | 92,211,000 | 97,039,000 |
| Noninterest-bearing deposits | 31,631,000 | 26,952,000 | 26,098,000 | 26,395,000 |
| Equity capital | 14,368,000 | 15,011,000 | 15,874,000 | 15,899,000 |
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 | 1,871,000 | 3,830,000 | 5,836,000 | 7,953,000 |
| Interest expense | 240,000 | 546,000 | 974,000 | 1,494,000 |
| Net interest income | 1,631,000 | 3,284,000 | 4,862,000 | 6,459,000 |
| Noninterest income | 74,000 | 146,000 | 640,000 | 768,000 |
| Noninterest expense | 1,016,000 | 2,021,000 | 3,027,000 | 4,507,000 |
| Provision for loan losses | 55,000 | 120,000 | 320,000 | 610,000 |
| Pretax income | 634,000 | 1,289,000 | 2,155,000 | 2,110,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 634,000 | 1,289,000 | 2,155,000 | 2,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,238,000 | 14,909,000 | 15,792,000 | 15,763,000 |
| Total capital | 15,850,000 | 16,502,000 | 17,390,000 | 17,370,000 |
| Risk-weighted assets | 128,536,000 | 127,114,000 | 127,563,000 | 128,341,000 |