Call reports 2023
SECURITY STATE BANK — 2023
What SECURITY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 329,523,000 | 333,172,000 | 348,930,000 | 382,547,000 |
| Total loans | 298,881,000 | 303,570,000 | 319,997,000 | 341,049,000 |
| Allowance for loan losses | 2,848,000 | 2,923,000 | 3,027,000 | 3,418,000 |
| Securities available for sale | 9,843,000 | 9,305,000 | 9,337,000 | 15,397,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,001,000 | 262,752,000 | 273,390,000 | 300,284,000 |
| Interest-bearing deposits | 208,810,000 | 210,301,000 | 228,921,000 | 252,686,000 |
| Noninterest-bearing deposits | 47,191,000 | 52,451,000 | 44,469,000 | 47,598,000 |
| Equity capital | 34,610,000 | 35,396,000 | 36,384,000 | 37,171,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,973,000 | 8,380,000 | 13,165,000 | 18,472,000 |
| Interest expense | 1,421,000 | 3,260,000 | 5,381,000 | 7,818,000 |
| Net interest income | 2,552,000 | 5,120,000 | 7,784,000 | 10,654,000 |
| Noninterest income | 109,000 | 202,000 | 300,000 | 431,000 |
| Noninterest expense | 1,117,000 | 2,284,000 | 3,344,000 | 4,587,000 |
| Provision for loan losses | 75,000 | 150,000 | 250,000 | 650,000 |
| Pretax income | 1,469,000 | 2,888,000 | 4,490,000 | 5,848,000 |
| Income tax | 49,000 | 126,000 | 211,000 | 259,000 |
| Net income | 1,420,000 | 2,762,000 | 4,279,000 | 5,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,766,000 | 35,554,000 | 36,518,000 | 37,183,000 |