Call reports 2024
SECURITY SAVINGS BANK — 2024
What SECURITY 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 | 245,814,000 | 245,822,000 | 243,514,000 | 245,726,000 |
| Total loans | 144,668,000 | 145,595,000 | 146,794,000 | 153,005,000 |
| Allowance for loan losses | 1,675,000 | 1,643,000 | 1,635,000 | 1,648,000 |
| Securities available for sale | 80,628,000 | 77,155,000 | 75,533,000 | 69,357,000 |
| Securities held to maturity | 4,337,000 | 4,266,000 | 4,194,000 | 4,065,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,199,000 | 213,533,000 | 209,401,000 | 212,210,000 |
| Interest-bearing deposits | 202,875,000 | 199,384,000 | 197,064,000 | 198,932,000 |
| Noninterest-bearing deposits | 16,324,000 | 14,149,000 | 12,337,000 | 13,278,000 |
| Equity capital | 20,442,000 | 21,040,000 | 22,891,000 | 22,229,000 |
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 | 2,379,000 | 4,874,000 | 7,436,000 | 10,043,000 |
| Interest expense | 782,000 | 1,653,000 | 2,624,000 | 3,551,000 |
| Net interest income | 1,597,000 | 3,221,000 | 4,812,000 | 6,492,000 |
| Noninterest income | 254,000 | 510,000 | 794,000 | 1,055,000 |
| Noninterest expense | 1,441,000 | 2,903,000 | 4,396,000 | 5,913,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 60,000 |
| Pretax income | 380,000 | 798,000 | 1,180,000 | 1,574,000 |
| Income tax | 76,000 | 135,000 | 199,000 | 270,000 |
| Net income | 304,000 | 663,000 | 981,000 | 1,304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,374,000 | 27,733,000 | 28,050,000 | 28,373,000 |