Call reports 2019
SECURITY FEDERAL SAVINGS BANK — 2019
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 267,133,000 | 266,237,000 | 277,831,000 | 293,748,000 |
| Total loans | 194,086,000 | 201,000,000 | 207,451,000 | 215,750,000 |
| Allowance for loan losses | 1,675,000 | 1,742,000 | 1,786,000 | 1,863,000 |
| Securities available for sale | 32,472,000 | 32,851,000 | 30,832,000 | 23,640,000 |
| Securities held to maturity | 2,000 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,560,000 | 220,985,000 | 221,940,000 | 237,480,000 |
| Interest-bearing deposits | 183,963,000 | 187,421,000 | 192,082,000 | 196,382,000 |
| Noninterest-bearing deposits | 38,597,000 | 33,564,000 | 29,858,000 | 41,098,000 |
| Equity capital | 31,749,000 | 32,651,000 | 33,193,000 | 33,448,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,844,000 | 5,794,000 | 8,790,000 | 11,866,000 |
| Interest expense | 562,000 | 1,165,000 | 1,800,000 | 2,490,000 |
| Net interest income | 2,282,000 | 4,629,000 | 6,990,000 | 9,376,000 |
| Noninterest income | 491,000 | 997,000 | 1,534,000 | 2,060,000 |
| Noninterest expense | 2,275,000 | 4,567,000 | 7,021,000 | 9,562,000 |
| Provision for loan losses | 30,000 | 105,000 | 180,000 | 270,000 |
| Pretax income | 468,000 | 954,000 | 1,323,000 | 1,803,000 |
| Income tax | 56,000 | 125,000 | 165,000 | 235,000 |
| Net income | 412,000 | 829,000 | 1,158,000 | 1,568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,476,000 | 31,893,000 | 32,222,000 | 32,632,000 |
| Total capital | 33,151,000 | 33,635,000 | 34,008,000 | 34,495,000 |
| Risk-weighted assets | 178,884,000 | 187,339,000 | 192,331,000 | 197,735,000 |