Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE BANK 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 | 103,702,000 | 123,128,000 | 120,818,000 | 122,274,000 |
| Total loans | 72,051,000 | 82,434,000 | 81,688,000 | 82,113,000 |
| Allowance for loan losses | 993,000 | 1,025,000 | 1,110,000 | 1,137,000 |
| Securities available for sale | 18,143,000 | 17,596,000 | 17,353,000 | 16,178,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,003,000 | 95,863,000 | 92,180,000 | 93,316,000 |
| Interest-bearing deposits | 66,101,000 | 67,587,000 | 69,056,000 | 70,008,000 |
| Noninterest-bearing deposits | 14,902,000 | 28,276,000 | 23,124,000 | 23,308,000 |
| Equity capital | 19,723,000 | 20,145,000 | 21,251,000 | 21,606,000 |
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 | 1,114,000 | 2,139,000 | 3,230,000 | 4,428,000 |
| Interest expense | 185,000 | 360,000 | 513,000 | 654,000 |
| Net interest income | 929,000 | 1,779,000 | 2,717,000 | 3,774,000 |
| Noninterest income | 169,000 | 445,000 | 670,000 | 888,000 |
| Noninterest expense | 692,000 | 1,434,000 | 2,197,000 | 3,023,000 |
| Provision for loan losses | 30,000 | 60,000 | 145,000 | 175,000 |
| Pretax income | 405,000 | 759,000 | 1,074,000 | 1,493,000 |
| Income tax | 98,000 | 184,000 | 254,000 | 303,000 |
| Net income | 307,000 | 575,000 | 820,000 | 1,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,646,000 | 19,913,000 | 21,002,000 | 21,370,000 |
| Total capital | 20,639,000 | 20,908,000 | — | — |
| Risk-weighted assets | 81,893,000 | 79,537,000 | — | — |