Call reports 2022
SECURITY FEDERAL SAVINGS BANK OF MCMINNVILLE — 2022
What SECURITY FEDERAL SAVINGS BANK OF MCMINNVILLE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 294,450,000 | 298,070,000 | 290,941,000 | 301,633,000 |
| Total loans | 192,502,000 | 195,465,000 | 213,275,000 | 219,674,000 |
| Allowance for loan losses | 2,069,000 | 2,104,000 | 2,061,000 | 2,148,000 |
| Securities available for sale | 58,073,000 | 58,034,000 | 54,915,000 | 54,307,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,101,000 | 268,983,000 | 262,332,000 | 271,689,000 |
| Interest-bearing deposits | 205,894,000 | 207,610,000 | 202,894,000 | 210,931,000 |
| Noninterest-bearing deposits | 59,207,000 | 61,373,000 | 59,438,000 | 60,758,000 |
| Equity capital | 26,702,000 | 26,422,000 | 25,846,000 | 27,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,134,000 | 4,469,000 | 7,161,000 | 10,302,000 |
| Interest expense | 191,000 | 387,000 | 633,000 | 1,274,000 |
| Net interest income | 1,943,000 | 4,082,000 | 6,528,000 | 9,028,000 |
| Noninterest income | 401,000 | 917,000 | 1,387,000 | 1,844,000 |
| Noninterest expense | 1,562,000 | 3,172,000 | 4,871,000 | 6,528,000 |
| Provision for loan losses | 31,000 | 61,000 | 91,000 | 235,000 |
| Pretax income | 751,000 | 1,764,000 | 2,951,000 | 4,106,000 |
| Income tax | 182,000 | 440,000 | 747,000 | 1,046,000 |
| Net income | 569,000 | 1,324,000 | 2,204,000 | 3,060,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,630,000 | 29,014,000 | 29,893,000 | 30,749,000 |
| Total capital | 30,699,000 | 31,118,000 | 31,954,000 | 32,897,000 |
| Risk-weighted assets | 200,976,000 | 204,675,000 | 222,146,000 | 227,005,000 |