Call reports 2022
SECURITY FEDERAL SAVINGS BANK — 2022
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 363,100,000 | 364,232,000 | 369,580,000 | 358,106,000 |
| Total loans | 245,266,000 | 258,536,000 | 264,603,000 | 273,219,000 |
| Allowance for loan losses | 2,732,000 | 2,736,000 | 2,685,000 | 2,678,000 |
| Securities available for sale | 55,325,000 | 63,208,000 | 62,545,000 | 56,331,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,940,000 | 319,803,000 | 324,504,000 | 312,567,000 |
| Interest-bearing deposits | 246,808,000 | 258,459,000 | 263,109,000 | 250,954,000 |
| Noninterest-bearing deposits | 64,132,000 | 61,344,000 | 61,395,000 | 61,613,000 |
| Equity capital | 36,213,000 | 33,628,000 | 33,124,000 | 34,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,005,000 | 6,174,000 | 9,675,000 | 13,437,000 |
| Interest expense | 268,000 | 582,000 | 1,097,000 | 1,672,000 |
| Net interest income | 2,737,000 | 5,592,000 | 8,578,000 | 11,765,000 |
| Noninterest income | 714,000 | 1,424,000 | 2,067,000 | 2,675,000 |
| Noninterest expense | 3,074,000 | 6,251,000 | 9,418,000 | 12,575,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 374,000 | 753,000 | 1,218,000 | 1,802,000 |
| Income tax | 34,000 | 67,000 | 122,000 | 210,000 |
| Net income | 340,000 | 686,000 | 1,096,000 | 1,592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,412,000 | 37,759,000 | 38,171,000 | 38,416,000 |
| Total capital | 40,144,000 | 40,495,000 | 40,856,000 | 41,094,000 |
| Risk-weighted assets | 234,704,000 | 246,408,000 | 248,710,000 | 252,468,000 |