Call reports 2024
SECURITY TRUST & SAVINGS BANK — 2024
What SECURITY TRUST & 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 | 280,844,000 | 263,218,000 | 283,561,000 | 271,261,000 |
| Total loans | 80,191,000 | 76,196,000 | 75,321,000 | 80,447,000 |
| Allowance for loan losses | 1,282,000 | 1,289,000 | 1,295,000 | 1,348,000 |
| Securities available for sale | 105,133,000 | 104,124,000 | 108,237,000 | 104,423,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,537,000 | 241,862,000 | 259,114,000 | 249,046,000 |
| Interest-bearing deposits | 244,371,000 | 227,039,000 | 243,145,000 | 231,711,000 |
| Noninterest-bearing deposits | 15,166,000 | 14,823,000 | 15,969,000 | 17,335,000 |
| Equity capital | 20,779,000 | 20,652,000 | 23,700,000 | 21,586,000 |
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 | 3,036,000 | 6,163,000 | 9,211,000 | 12,355,000 |
| Interest expense | 1,840,000 | 3,729,000 | 5,605,000 | 7,288,000 |
| Net interest income | 1,196,000 | 2,434,000 | 3,606,000 | 5,067,000 |
| Noninterest income | 55,000 | 126,000 | 199,000 | 243,000 |
| Noninterest expense | 990,000 | 1,935,000 | 2,946,000 | 3,892,000 |
| Provision for loan losses | 43,000 | 49,000 | 59,000 | 113,000 |
| Pretax income | 260,000 | 619,000 | 856,000 | 1,370,000 |
| Income tax | 11,000 | 26,000 | 37,000 | 60,000 |
| Net income | 249,000 | 593,000 | 819,000 | 1,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,013,000 | 25,864,000 | 26,106,000 | 26,114,000 |
| Total capital | 27,169,000 | 26,960,000 | 27,192,000 | 27,257,000 |
| Risk-weighted assets | 92,350,000 | 87,474,000 | 86,645,000 | 91,213,000 |