Call reports 2023
SECURITY BANK MIDWEST — 2023
What SECURITY BANK MIDWEST 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 | 290,135,000 | 293,197,000 | 292,843,000 | 318,353,000 |
| Total loans | 206,443,000 | 210,066,000 | 210,299,000 | 229,876,000 |
| Allowance for loan losses | 2,950,000 | 2,950,000 | 2,950,000 | 2,951,000 |
| Securities available for sale | 0 | 0 | 0 | 2,446,000 |
| Securities held to maturity | 67,999,000 | 67,291,000 | 66,444,000 | 65,669,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 231,740,000 | 238,229,000 | 237,037,000 | 246,500,000 |
| Interest-bearing deposits | 173,560,000 | 185,008,000 | 187,100,000 | 192,972,000 |
| Noninterest-bearing deposits | 58,180,000 | 53,221,000 | 49,937,000 | 53,528,000 |
| Equity capital | 21,753,000 | 22,392,000 | 23,042,000 | 23,568,000 |
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 | 3,370,000 | 7,042,000 | 10,819,000 | 14,801,000 |
| Interest expense | 795,000 | 1,943,000 | 3,192,000 | 4,754,000 |
| Net interest income | 2,575,000 | 5,099,000 | 7,627,000 | 10,047,000 |
| Noninterest income | 177,000 | 275,000 | 453,000 | 544,000 |
| Noninterest expense | 1,878,000 | 3,753,000 | 5,706,000 | 7,615,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 874,000 | 1,621,000 | 2,374,000 | 2,992,000 |
| Income tax | 35,000 | 69,000 | 100,000 | 114,000 |
| Net income | 839,000 | 1,552,000 | 2,274,000 | 2,878,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,788,000 | 28,226,000 | 28,673,000 | 29,002,000 |