Call reports 2024
SECURITY FIRST NATIONAL BANK OF HUGO — 2024
What SECURITY FIRST NATIONAL BANK OF HUGO 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 | 130,461,000 | 128,889,000 | 130,912,000 | 136,386,000 |
| Total loans | 99,637,000 | 100,318,000 | 105,661,000 | 106,209,000 |
| Allowance for loan losses | 1,122,000 | 1,140,000 | 1,221,000 | 1,335,000 |
| Securities available for sale | 14,811,000 | 14,906,000 | 10,999,000 | 11,025,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,189,000 | 113,847,000 | 114,585,000 | 121,823,000 |
| Interest-bearing deposits | 85,363,000 | 83,887,000 | 84,469,000 | 91,694,000 |
| Noninterest-bearing deposits | 30,826,000 | 29,960,000 | 30,116,000 | 30,129,000 |
| Equity capital | 12,946,000 | 13,795,000 | 14,784,000 | 12,940,000 |
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 | 2,340,000 | 4,619,000 | 7,108,000 | 9,602,000 |
| Interest expense | 276,000 | 594,000 | 953,000 | 1,352,000 |
| Net interest income | 2,064,000 | 4,025,000 | 6,155,000 | 8,250,000 |
| Noninterest income | 176,000 | 363,000 | 536,000 | 784,000 |
| Noninterest expense | 1,067,000 | 2,076,000 | 3,111,000 | 4,156,000 |
| Provision for loan losses | 0 | 30,000 | 110,000 | 215,000 |
| Pretax income | 1,173,000 | 2,282,000 | 3,520,000 | 4,713,000 |
| Income tax | 279,000 | 539,000 | 814,000 | 1,093,000 |
| Net income | 894,000 | 1,743,000 | 2,706,000 | 3,620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,966,000 | 13,815,000 | 14,784,000 | 12,939,000 |