Call reports 2023
SECURITY STATE BANK — 2023
What SECURITY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 121,040,000 | 118,523,000 | 121,037,000 | 120,868,000 |
| Total loans | 62,770,000 | 63,186,000 | 62,916,000 | 71,018,000 |
| Allowance for loan losses | 1,236,000 | 1,266,000 | 1,298,000 | 1,329,000 |
| Securities available for sale | 33,950,000 | 32,885,000 | 30,862,000 | 31,930,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,681,000 | 92,978,000 | 95,885,000 | 95,338,000 |
| Interest-bearing deposits | 73,837,000 | 70,788,000 | 71,168,000 | 70,948,000 |
| Noninterest-bearing deposits | 21,844,000 | 22,190,000 | 24,717,000 | 24,390,000 |
| Equity capital | 23,580,000 | 23,829,000 | 23,299,000 | 23,987,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,490,000 | 2,939,000 | 4,493,000 | 6,141,000 |
| Interest expense | 162,000 | 386,000 | 643,000 | 931,000 |
| Net interest income | 1,328,000 | 2,553,000 | 3,850,000 | 5,210,000 |
| Noninterest income | 169,000 | 339,000 | 532,000 | 733,000 |
| Noninterest expense | 803,000 | 1,612,000 | 2,578,000 | 3,648,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 801,000 | 1,357,000 | 1,851,000 | 2,312,000 |
| Income tax | 213,000 | 314,000 | 421,000 | 465,000 |
| Net income | 588,000 | 1,043,000 | 1,430,000 | 1,847,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,734,000 | 25,184,000 | 25,571,000 | 24,985,000 |