Call reports 2014
SECURITY FEDERAL SAVINGS BANK — 2014
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 210,024,000 | 208,780,000 | 207,724,000 | 208,243,000 |
| Total loans | 148,496,000 | 150,563,000 | 151,157,000 | 153,797,000 |
| Allowance for loan losses | 2,190,000 | 2,240,000 | 2,338,000 | 2,118,000 |
| Securities available for sale | 31,098,000 | 30,765,000 | 27,292,000 | 26,610,000 |
| Securities held to maturity | 20,000 | 18,000 | 16,000 | 15,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,151,000 | 162,627,000 | 161,379,000 | 161,626,000 |
| Interest-bearing deposits | 143,520,000 | 141,374,000 | 141,976,000 | 140,605,000 |
| Noninterest-bearing deposits | 20,631,000 | 21,253,000 | 19,403,000 | 21,021,000 |
| Equity capital | 26,017,000 | 26,523,000 | 26,842,000 | 27,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,335,000 | 4,607,000 | 6,875,000 | 9,121,000 |
| Interest expense | 201,000 | 395,000 | 593,000 | 786,000 |
| Net interest income | 2,134,000 | 4,212,000 | 6,282,000 | 8,335,000 |
| Noninterest income | 259,000 | 546,000 | 797,000 | 865,000 |
| Noninterest expense | 1,952,000 | 3,812,000 | 5,638,000 | 7,441,000 |
| Provision for loan losses | -56,000 | 94,000 | 319,000 | 544,000 |
| Pretax income | 676,000 | 1,030,000 | 1,436,000 | 1,529,000 |
| Income tax | 173,000 | 224,000 | 312,000 | 274,000 |
| Net income | 503,000 | 806,000 | 1,124,000 | 1,255,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,206,000 | 25,509,000 | 25,832,000 | 25,964,000 |
| Total capital | 26,849,000 | 27,131,000 | 27,492,000 | 27,631,000 |
| Risk-weighted assets | 130,942,000 | 129,137,000 | 132,183,000 | 132,941,000 |