Call reports 2020
SECURITY FEDERAL SAVINGS BANK OF MCMINNVILLE — 2020
What SECURITY FEDERAL SAVINGS BANK OF MCMINNVILLE 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 | 232,910,000 | 243,301,000 | 245,732,000 | 260,700,000 |
| Total loans | 175,519,000 | 175,530,000 | 175,725,000 | 176,706,000 |
| Allowance for loan losses | 1,701,000 | 1,720,000 | 1,741,000 | 1,793,000 |
| Securities available for sale | 32,494,000 | 33,871,000 | 37,836,000 | 37,215,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,301,000 | 210,124,000 | 211,976,000 | 222,382,000 |
| Interest-bearing deposits | 154,330,000 | 164,352,000 | 163,875,000 | 169,572,000 |
| Noninterest-bearing deposits | 38,971,000 | 45,772,000 | 48,101,000 | 52,810,000 |
| Equity capital | 24,930,000 | 25,142,000 | 25,638,000 | 26,142,000 |
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 | 2,469,000 | 4,692,000 | 6,874,000 | 9,061,000 |
| Interest expense | 523,000 | 973,000 | 1,361,000 | 1,712,000 |
| Net interest income | 1,946,000 | 3,719,000 | 5,513,000 | 7,349,000 |
| Noninterest income | 411,000 | 882,000 | 1,452,000 | 2,007,000 |
| Noninterest expense | 1,551,000 | 3,056,000 | 4,605,000 | 6,102,000 |
| Provision for loan losses | 30,000 | 80,000 | 140,000 | 200,000 |
| Pretax income | 776,000 | 1,466,000 | 2,225,000 | 3,061,000 |
| Income tax | 190,000 | 359,000 | 551,000 | 761,000 |
| Net income | 586,000 | 1,107,000 | 1,674,000 | 2,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,527,000 | 24,675,000 | 25,242,000 | 25,768,000 |
| Total capital | 26,229,000 | 26,395,000 | 26,983,000 | 27,561,000 |
| Risk-weighted assets | 173,986,000 | 175,165,000 | 177,679,000 | 181,508,000 |