Call reports 2021
SECURITY STATE BANK — 2021
What SECURITY STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 130,311,000 | 130,486,000 | 136,506,000 | 136,081,000 |
| Total loans | 86,733,000 | 81,158,000 | 75,134,000 | 70,830,000 |
| Allowance for loan losses | 1,170,000 | 1,225,000 | 1,359,000 | 1,391,000 |
| Securities available for sale | 15,035,000 | 13,799,000 | 12,937,000 | 12,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,037,000 | 99,686,000 | 106,605,000 | 107,053,000 |
| Interest-bearing deposits | 71,969,000 | 68,612,000 | 68,287,000 | 71,641,000 |
| Noninterest-bearing deposits | 29,068,000 | 31,074,000 | 38,318,000 | 35,412,000 |
| Equity capital | 21,941,000 | 22,508,000 | 22,747,000 | 22,010,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,185,000 | 2,333,000 | 3,530,000 | 4,540,000 |
| Interest expense | 131,000 | 251,000 | 352,000 | 443,000 |
| Net interest income | 1,054,000 | 2,082,000 | 3,178,000 | 4,097,000 |
| Noninterest income | 177,000 | 442,000 | 635,000 | 884,000 |
| Noninterest expense | 696,000 | 1,540,000 | 2,370,000 | 3,106,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 505,000 | 1,196,000 | 1,625,000 | 2,027,000 |
| Income tax | 110,000 | 220,000 | 378,000 | 457,000 |
| Net income | 395,000 | 976,000 | 1,247,000 | 1,570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,765,000 | 22,345,000 | 22,614,000 | 21,936,000 |