Call reports 2024
SECURITY SAVINGS BANK — 2024
What SECURITY SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 501,610,000 | 512,408,000 | 513,608,000 | 515,262,000 |
| Total loans | 374,924,000 | 391,908,000 | 401,665,000 | 410,096,000 |
| Allowance for loan losses | 4,759,000 | 4,761,000 | 4,745,000 | 4,562,000 |
| Securities available for sale | 52,730,000 | 47,987,000 | 45,853,000 | 42,480,000 |
| Securities held to maturity | 27,378,000 | 17,061,000 | 12,088,000 | 12,110,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 441,127,000 | 460,293,000 | 457,992,000 | 460,928,000 |
| Interest-bearing deposits | 370,618,000 | 392,944,000 | 387,521,000 | 386,003,000 |
| Noninterest-bearing deposits | 70,509,000 | 67,349,000 | 70,471,000 | 74,925,000 |
| Equity capital | 48,973,000 | 49,433,000 | 51,250,000 | 51,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,300,000 | 11,295,000 | 17,411,000 | 23,820,000 |
| Interest expense | 2,588,000 | 5,614,000 | 8,579,000 | 11,584,000 |
| Net interest income | 2,712,000 | 5,681,000 | 8,832,000 | 12,236,000 |
| Noninterest income | 173,000 | 804,000 | 1,667,000 | 2,055,000 |
| Noninterest expense | 2,621,000 | 5,755,000 | 8,773,000 | 11,981,000 |
| Provision for loan losses | 0 | 0 | -2,000 | -8,000 |
| Pretax income | 266,000 | 723,000 | 1,722,000 | 2,312,000 |
| Income tax | -1,000 | 26,000 | 94,000 | 74,000 |
| Net income | 267,000 | 697,000 | 1,628,000 | 2,238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,943,000 | 48,220,000 | 48,947,000 | 49,418,000 |
| Total capital | 52,701,000 | 52,980,000 | 53,696,000 | 53,994,000 |
| Risk-weighted assets | 385,467,000 | 401,373,000 | 412,965,000 | 420,929,000 |