Call reports 2024
SECURITY STATE BANK — 2024
What SECURITY STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 119,560,000 | 121,110,000 | 125,971,000 | 125,948,000 |
| Total loans | 68,812,000 | 71,052,000 | 72,177,000 | 74,815,000 |
| Allowance for loan losses | 1,360,000 | 1,390,000 | 1,410,000 | 1,441,000 |
| Securities available for sale | 30,903,000 | 29,724,000 | 29,690,000 | 28,317,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,592,000 | 94,301,000 | 97,591,000 | 97,895,000 |
| Interest-bearing deposits | 71,496,000 | 71,003,000 | 72,821,000 | 73,638,000 |
| Noninterest-bearing deposits | 22,096,000 | 23,298,000 | 24,770,000 | 24,257,000 |
| Equity capital | 24,297,000 | 24,921,000 | 25,620,000 | 25,691,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,709,000 | 3,417,000 | 5,227,000 | 7,236,000 |
| Interest expense | 320,000 | 655,000 | 1,072,000 | 1,438,000 |
| Net interest income | 1,389,000 | 2,762,000 | 4,155,000 | 5,798,000 |
| Noninterest income | 170,000 | 335,000 | 503,000 | 675,000 |
| Noninterest expense | 820,000 | 1,598,000 | 2,857,000 | 3,952,000 |
| Provision for loan losses | 30,000 | 60,000 | 77,000 | 107,000 |
| Pretax income | 709,000 | 1,557,000 | 1,829,000 | 2,519,000 |
| Income tax | 145,000 | 306,000 | 596,000 | 661,000 |
| Net income | 564,000 | 1,251,000 | 1,233,000 | 1,858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,549,000 | 26,235,000 | 26,217,000 | 26,843,000 |
| Total capital | — | — | 27,333,000 | 27,966,000 |
| Risk-weighted assets | — | — | 88,957,000 | 89,485,000 |