Call reports 2020
SECURITY SAVINGS BANK — 2020
What SECURITY SAVINGS 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 | 204,848,000 | 210,455,000 | 212,108,000 | 224,586,000 |
| Total loans | 142,857,000 | 139,202,000 | 133,122,000 | 125,898,000 |
| Allowance for loan losses | 1,424,000 | 1,453,000 | 1,483,000 | 1,513,000 |
| Securities available for sale | 25,954,000 | 29,071,000 | 33,820,000 | 49,497,000 |
| Securities held to maturity | 3,600,000 | 3,599,000 | 5,843,000 | 5,735,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,800,000 | 185,903,000 | 187,315,000 | 199,728,000 |
| Interest-bearing deposits | 173,327,000 | 176,394,000 | 176,539,000 | 186,472,000 |
| Noninterest-bearing deposits | 7,473,000 | 9,509,000 | 10,776,000 | 13,256,000 |
| Equity capital | 22,969,000 | 23,291,000 | 23,616,000 | 23,838,000 |
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 | 1,947,000 | 3,769,000 | 5,530,000 | 7,265,000 |
| Interest expense | 520,000 | 993,000 | 1,435,000 | 1,847,000 |
| Net interest income | 1,427,000 | 2,776,000 | 4,095,000 | 5,418,000 |
| Noninterest income | 202,000 | 438,000 | 837,000 | 1,151,000 |
| Noninterest expense | 1,254,000 | 2,493,000 | 3,700,000 | 4,938,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 345,000 | 661,000 | 1,142,000 | 1,511,000 |
| Income tax | 68,000 | 143,000 | 266,000 | 358,000 |
| Net income | 277,000 | 518,000 | 876,000 | 1,153,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,493,000 | 22,734,000 | 23,092,000 | 23,370,000 |