Call reports 2016
SECURITY FEDERAL SAVINGS BANK — 2016
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 232,167,000 | 231,910,000 | 234,554,000 | 246,883,000 |
| Total loans | 150,059,000 | 156,274,000 | 156,903,000 | 157,985,000 |
| Allowance for loan losses | 2,133,000 | 2,187,000 | 2,153,000 | 2,174,000 |
| Securities available for sale | 38,829,000 | 38,817,000 | 37,659,000 | 38,375,000 |
| Securities held to maturity | 8,000 | 7,000 | 5,000 | 5,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,656,000 | 183,026,000 | 185,467,000 | 195,715,000 |
| Interest-bearing deposits | 159,018,000 | 161,259,000 | 164,431,000 | 165,164,000 |
| Noninterest-bearing deposits | 24,638,000 | 21,767,000 | 21,036,000 | 30,551,000 |
| Equity capital | 27,883,000 | 28,623,000 | 28,781,000 | 28,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,215,000 | 4,490,000 | 6,808,000 | 9,153,000 |
| Interest expense | 235,000 | 480,000 | 727,000 | 964,000 |
| Net interest income | 1,980,000 | 4,010,000 | 6,081,000 | 8,189,000 |
| Noninterest income | 381,000 | 803,000 | 1,235,000 | 1,629,000 |
| Noninterest expense | 2,042,000 | 4,145,000 | 6,177,000 | 8,240,000 |
| Provision for loan losses | 158,000 | 258,000 | 334,000 | 358,000 |
| Pretax income | 177,000 | 426,000 | 821,000 | 1,236,000 |
| Income tax | -31,000 | -24,000 | 26,000 | 80,000 |
| Net income | 208,000 | 450,000 | 795,000 | 1,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,413,000 | 27,656,000 | 28,001,000 | 28,362,000 |
| Total capital | 29,193,000 | 29,533,000 | 29,859,000 | 30,282,000 |
| Risk-weighted assets | 142,018,000 | 149,875,000 | 148,334,000 | 153,281,000 |