Call reports 2021
SECURITY STATE BANK — 2021
What SECURITY STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 267,039,000 | 275,242,000 | 270,706,000 | 268,983,000 |
| Total loans | 245,544,000 | 242,076,000 | 240,245,000 | 248,439,000 |
| Allowance for loan losses | 2,433,000 | 2,488,000 | 2,510,000 | 2,705,000 |
| Securities available for sale | 668,000 | 635,000 | 629,000 | 620,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,110,000 | 207,059,000 | 205,897,000 | 211,573,000 |
| Interest-bearing deposits | 159,121,000 | 175,825,000 | 176,873,000 | 176,819,000 |
| Noninterest-bearing deposits | 30,989,000 | 31,234,000 | 29,024,000 | 34,754,000 |
| Equity capital | 27,410,000 | 28,409,000 | 29,872,000 | 30,613,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,717,000 | 5,556,000 | 8,419,000 | 11,288,000 |
| Interest expense | 505,000 | 961,000 | 1,383,000 | 1,752,000 |
| Net interest income | 2,212,000 | 4,595,000 | 7,036,000 | 9,536,000 |
| Noninterest income | 68,000 | 671,000 | 1,557,000 | 1,746,000 |
| Noninterest expense | 993,000 | 1,900,000 | 2,809,000 | 3,823,000 |
| Provision for loan losses | 20,000 | 80,000 | 100,000 | 100,000 |
| Pretax income | 1,267,000 | 3,286,000 | 5,684,000 | 7,359,000 |
| Income tax | 42,000 | 118,000 | 257,000 | 354,000 |
| Net income | 1,225,000 | 3,168,000 | 5,427,000 | 7,005,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,350,000 | 28,357,000 | 29,826,000 | 30,575,000 |