Call reports 2024
SECURITY FIRST BANK OF NORTH DAKOTA — 2024
What SECURITY FIRST BANK OF NORTH DAKOTA 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 | 260,697,000 | 262,213,000 | 265,107,000 | 271,162,000 |
| Total loans | 206,221,000 | 220,567,000 | 224,586,000 | 231,529,000 |
| Allowance for loan losses | 4,657,000 | 4,657,000 | 5,172,000 | 4,797,000 |
| Securities available for sale | 33,815,000 | 30,830,000 | 26,428,000 | 25,629,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,226,000 | 207,599,000 | 214,838,000 | 219,621,000 |
| Interest-bearing deposits | 166,808,000 | 164,994,000 | 167,954,000 | 170,094,000 |
| Noninterest-bearing deposits | 44,418,000 | 42,605,000 | 46,884,000 | 49,527,000 |
| Equity capital | 30,941,000 | 30,815,000 | 31,693,000 | 31,077,000 |
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 | 3,534,000 | 7,271,000 | 11,188,000 | 15,129,000 |
| Interest expense | 933,000 | 1,948,000 | 3,010,000 | 4,019,000 |
| Net interest income | 2,601,000 | 5,323,000 | 8,178,000 | 11,110,000 |
| Noninterest income | 214,000 | 456,000 | 724,000 | 1,002,000 |
| Noninterest expense | 1,832,000 | 3,852,000 | 5,662,000 | 7,672,000 |
| Provision for loan losses | 0 | 0 | 516,000 | 166,000 |
| Pretax income | 988,000 | 1,914,000 | 2,720,000 | 3,927,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 988,000 | 1,914,000 | 2,720,000 | 3,927,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,258,000 | 32,084,000 | 32,487,000 | 32,078,000 |