Call reports 2023
SECURITY SAVINGS BANK — 2023
What SECURITY SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 504,179,000 | 489,309,000 | 489,847,000 | 500,603,000 |
| Total loans | 340,143,000 | 347,820,000 | 358,202,000 | 370,627,000 |
| Allowance for loan losses | 4,753,000 | 4,755,000 | 4,755,000 | 4,756,000 |
| Securities available for sale | 85,557,000 | 71,786,000 | 58,971,000 | 58,195,000 |
| Securities held to maturity | 27,869,000 | 27,469,000 | 27,508,000 | 27,544,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 454,837,000 | 434,768,000 | 440,493,000 | 446,038,000 |
| Interest-bearing deposits | 366,956,000 | 357,777,000 | 367,688,000 | 367,711,000 |
| Noninterest-bearing deposits | 87,881,000 | 76,991,000 | 72,805,000 | 78,327,000 |
| Equity capital | 47,890,000 | 47,713,000 | 47,094,000 | 48,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,511,000 | 9,345,000 | 14,355,000 | 19,701,000 |
| Interest expense | 1,400,000 | 3,269,000 | 5,511,000 | 8,191,000 |
| Net interest income | 3,111,000 | 6,076,000 | 8,844,000 | 11,510,000 |
| Noninterest income | 160,000 | 297,000 | 452,000 | 659,000 |
| Noninterest expense | 2,603,000 | 5,269,000 | 7,890,000 | 10,568,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 678,000 | 1,120,000 | 1,429,000 | 1,641,000 |
| Income tax | 27,000 | 66,000 | 101,000 | 83,000 |
| Net income | 651,000 | 1,054,000 | 1,328,000 | 1,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,584,000 | 47,733,000 | 47,739,000 | 47,822,000 |
| Total capital | 51,994,000 | 52,262,000 | 52,390,000 | 52,578,000 |
| Risk-weighted assets | 352,463,000 | 362,155,000 | 371,983,000 | 383,662,000 |