Call reports 2016
SECURITY FEDERAL SAVINGS BANK OF MCMINNVILLE — 2016
What SECURITY FEDERAL SAVINGS BANK OF MCMINNVILLE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 188,585,000 | 191,946,000 | 185,749,000 | 190,109,000 |
| Total loans | 127,865,000 | 129,915,000 | 132,396,000 | 134,473,000 |
| Allowance for loan losses | 1,334,000 | 1,343,000 | 1,488,000 | 1,437,000 |
| Securities available for sale | 37,753,000 | 38,732,000 | 34,780,000 | 35,509,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,479,000 | 164,964,000 | 161,290,000 | 162,411,000 |
| Interest-bearing deposits | 134,182,000 | 135,073,000 | 129,454,000 | 130,196,000 |
| Noninterest-bearing deposits | 28,297,000 | 29,891,000 | 31,836,000 | 32,215,000 |
| Equity capital | 18,727,000 | 18,779,000 | 19,002,000 | 19,246,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,624,000 | 3,248,000 | 4,915,000 | 6,559,000 |
| Interest expense | 196,000 | 386,000 | 570,000 | 748,000 |
| Net interest income | 1,428,000 | 2,862,000 | 4,345,000 | 5,811,000 |
| Noninterest income | 402,000 | 860,000 | 1,309,000 | 2,019,000 |
| Noninterest expense | 1,296,000 | 2,641,000 | 4,017,000 | 5,403,000 |
| Provision for loan losses | 30,000 | 64,000 | 74,000 | 74,000 |
| Pretax income | 504,000 | 1,017,000 | 1,563,000 | 2,353,000 |
| Income tax | 176,000 | 352,000 | 550,000 | 724,000 |
| Net income | 328,000 | 665,000 | 1,013,000 | 1,629,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,591,000 | 18,527,000 | 18,875,000 | 19,492,000 |
| Total capital | 19,926,000 | 19,872,000 | 20,364,000 | 20,936,000 |
| Risk-weighted assets | 128,522,000 | 131,115,000 | 133,686,000 | 137,427,000 |