Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE BANK 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 | 231,867,000 | 263,748,000 | 258,816,000 | 262,220,000 |
| Total loans | 213,263,000 | 239,892,000 | 238,709,000 | 234,606,000 |
| Allowance for loan losses | 2,444,000 | 2,494,000 | 2,604,000 | 2,606,000 |
| Securities available for sale | 634,000 | 668,000 | 672,000 | 671,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,361,000 | 186,360,000 | 180,823,000 | 186,876,000 |
| Interest-bearing deposits | 138,236,000 | 161,852,000 | 155,190,000 | 155,461,000 |
| Noninterest-bearing deposits | 20,125,000 | 24,508,000 | 25,633,000 | 31,415,000 |
| Equity capital | 24,739,000 | 25,787,000 | 26,441,000 | 27,016,000 |
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 | 2,909,000 | 6,013,000 | 9,065,000 | 12,022,000 |
| Interest expense | 763,000 | 1,446,000 | 2,092,000 | 2,667,000 |
| Net interest income | 2,146,000 | 4,567,000 | 6,973,000 | 9,355,000 |
| Noninterest income | 59,000 | 202,000 | 270,000 | 382,000 |
| Noninterest expense | 952,000 | 1,874,000 | 2,743,000 | 3,685,000 |
| Provision for loan losses | 10,000 | 60,000 | 170,000 | 170,000 |
| Pretax income | 1,243,000 | 2,835,000 | 4,330,000 | 5,882,000 |
| Income tax | 43,000 | 130,000 | 232,000 | 279,000 |
| Net income | 1,200,000 | 2,705,000 | 4,098,000 | 5,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,714,000 | 25,729,000 | 26,379,000 | 26,954,000 |