Call reports 2018
SECURITY FEDERAL SAVINGS BANK — 2018
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 242,290,000 | 244,695,000 | 247,213,000 | 257,313,000 |
| Total loans | 168,614,000 | 178,034,000 | 184,792,000 | 194,394,000 |
| Allowance for loan losses | 1,966,000 | 1,951,000 | 1,959,000 | 1,807,000 |
| Securities available for sale | 40,471,000 | 40,302,000 | 32,717,000 | 32,838,000 |
| Securities held to maturity | 2,000 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,516,000 | 199,232,000 | 204,533,000 | 213,715,000 |
| Interest-bearing deposits | 166,906,000 | 163,381,000 | 167,588,000 | 177,093,000 |
| Noninterest-bearing deposits | 32,610,000 | 35,851,000 | 36,945,000 | 36,622,000 |
| Equity capital | 29,881,000 | 30,303,000 | 30,316,000 | 30,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,467,000 | 5,010,000 | 7,648,000 | 10,431,000 |
| Interest expense | 323,000 | 707,000 | 1,155,000 | 1,658,000 |
| Net interest income | 2,144,000 | 4,303,000 | 6,493,000 | 8,773,000 |
| Noninterest income | 475,000 | 1,033,000 | 1,513,000 | 1,992,000 |
| Noninterest expense | 2,250,000 | 4,557,000 | 6,973,000 | 9,279,000 |
| Provision for loan losses | 0 | 15,000 | 60,000 | 105,000 |
| Pretax income | 369,000 | 764,000 | 1,078,000 | 1,552,000 |
| Income tax | 203,000 | 238,000 | 259,000 | 323,000 |
| Net income | 166,000 | 526,000 | 819,000 | 1,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,003,000 | 30,360,000 | 30,653,000 | 31,064,000 |
| Total capital | 31,969,000 | 32,311,000 | 32,612,000 | 32,871,000 |
| Risk-weighted assets | 161,360,000 | 166,788,000 | 172,143,000 | 179,813,000 |