Call reports 2020
SECURITY BANK MIDWEST — 2020
What SECURITY BANK MIDWEST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 233,978,000 | 230,183,000 | 228,886,000 | 237,149,000 |
| Total loans | 183,673,000 | 180,841,000 | 170,324,000 | 155,533,000 |
| Allowance for loan losses | 2,818,000 | 2,869,000 | 2,885,000 | 2,883,000 |
| Securities available for sale | 16,634,000 | 16,002,000 | 15,894,000 | 57,908,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,059,000 | 185,138,000 | 183,622,000 | 189,492,000 |
| Interest-bearing deposits | 159,327,000 | 149,048,000 | 145,170,000 | 144,053,000 |
| Noninterest-bearing deposits | 31,732,000 | 36,090,000 | 38,452,000 | 45,440,000 |
| Equity capital | 22,820,000 | 23,525,000 | 24,234,000 | 24,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,062,000 | 6,080,000 | 8,720,000 | 11,171,000 |
| Interest expense | 716,000 | 1,351,000 | 1,915,000 | 2,377,000 |
| Net interest income | 2,346,000 | 4,729,000 | 6,805,000 | 8,794,000 |
| Noninterest income | 81,000 | 153,000 | 248,000 | 331,000 |
| Noninterest expense | 1,334,000 | 2,705,000 | 4,108,000 | 5,583,000 |
| Provision for loan losses | 50,000 | 100,000 | 116,000 | 117,000 |
| Pretax income | 1,043,000 | 2,077,000 | 2,829,000 | 3,425,000 |
| Income tax | 38,000 | 75,000 | 103,000 | 149,000 |
| Net income | 1,005,000 | 2,002,000 | 2,726,000 | 3,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,138,000 | 22,743,000 | 23,527,000 | 23,688,000 |
| Total capital | 24,578,000 | — | — | — |
| Risk-weighted assets | 194,829,000 | — | — | — |