Call reports 2024
SECURITY BANK MIDWEST — 2024
What SECURITY BANK MIDWEST 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 | 344,053,000 | 340,505,000 | 341,539,000 | 344,300,000 |
| Total loans | 229,435,000 | 228,586,000 | 229,349,000 | 233,850,000 |
| Allowance for loan losses | 2,950,000 | 2,950,000 | 2,951,000 | 2,950,000 |
| Securities available for sale | 29,087,000 | 27,516,000 | 25,906,000 | 25,001,000 |
| Securities held to maturity | 65,078,000 | 64,390,000 | 63,692,000 | 62,840,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,773,000 | 271,058,000 | 263,187,000 | 256,707,000 |
| Interest-bearing deposits | 221,753,000 | 223,623,000 | 213,969,000 | 208,360,000 |
| Noninterest-bearing deposits | 53,020,000 | 47,435,000 | 49,218,000 | 48,347,000 |
| Equity capital | 23,714,000 | 24,604,000 | 25,536,000 | 26,297,000 |
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 | 4,623,000 | 9,422,000 | 14,203,000 | 18,906,000 |
| Interest expense | 1,924,000 | 4,107,000 | 6,313,000 | 8,440,000 |
| Net interest income | 2,699,000 | 5,315,000 | 7,890,000 | 10,466,000 |
| Noninterest income | 149,000 | 362,000 | 603,000 | 760,000 |
| Noninterest expense | 1,800,000 | 3,688,000 | 5,592,000 | 7,483,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,048,000 | 1,985,000 | 2,897,000 | 3,742,000 |
| Income tax | 39,000 | 79,000 | 119,000 | 144,000 |
| Net income | 1,009,000 | 1,906,000 | 2,778,000 | 3,598,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,041,000 | 29,808,000 | 30,550,000 | 31,010,000 |