Call reports 2021
SECURITY FEDERAL SAVINGS BANK — 2021
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 340,902,000 | 340,808,000 | 350,159,000 | 353,774,000 |
| Total loans | 246,745,000 | 251,415,000 | 252,519,000 | 250,421,000 |
| Allowance for loan losses | 2,715,000 | 2,734,000 | 2,694,000 | 2,733,000 |
| Securities available for sale | 32,479,000 | 38,833,000 | 41,239,000 | 47,458,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,234,000 | 285,363,000 | 294,009,000 | 299,504,000 |
| Interest-bearing deposits | 220,358,000 | 220,658,000 | 235,875,000 | 239,186,000 |
| Noninterest-bearing deposits | 65,876,000 | 64,705,000 | 58,134,000 | 60,318,000 |
| Equity capital | 36,446,000 | 37,313,000 | 37,911,000 | 38,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,064,000 | 6,056,000 | 9,222,000 | 12,411,000 |
| Interest expense | 285,000 | 560,000 | 834,000 | 1,125,000 |
| Net interest income | 2,779,000 | 5,496,000 | 8,388,000 | 11,286,000 |
| Noninterest income | 793,000 | 1,639,000 | 2,436,000 | 3,125,000 |
| Noninterest expense | 2,784,000 | 5,745,000 | 8,611,000 | 11,561,000 |
| Provision for loan losses | 50,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 748,000 | 1,355,000 | 2,181,000 | 2,826,000 |
| Income tax | 141,000 | 240,000 | 395,000 | 500,000 |
| Net income | 607,000 | 1,115,000 | 1,786,000 | 2,326,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,355,000 | 35,862,000 | 36,531,000 | 37,072,000 |
| Total capital | 38,070,000 | 38,596,000 | 39,225,000 | 39,805,000 |
| Risk-weighted assets | 226,986,000 | 228,674,000 | 227,901,000 | 237,022,000 |