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 | 644,804,000 | 619,229,000 | 620,077,000 | 606,144,000 |
| Total loans | 215,026,000 | 217,037,000 | 213,395,000 | 226,791,000 |
| Allowance for loan losses | 7,030,000 | 7,027,000 | 7,020,000 | 7,017,000 |
| Securities available for sale | 119,638,000 | 120,549,000 | 120,362,000 | 116,402,000 |
| Securities held to maturity | 6,624,000 | 6,538,000 | 6,523,000 | 6,344,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 560,361,000 | 531,230,000 | 529,202,000 | 509,464,000 |
| Interest-bearing deposits | 383,530,000 | 360,896,000 | 355,884,000 | 343,255,000 |
| Noninterest-bearing deposits | 176,831,000 | 170,334,000 | 173,318,000 | 166,209,000 |
| Equity capital | 81,103,000 | 83,789,000 | 87,066,000 | 87,807,000 |
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 | 7,154,000 | 14,947,000 | 22,973,000 | 31,023,000 |
| Interest expense | 203,000 | 462,000 | 825,000 | 1,356,000 |
| Net interest income | 6,951,000 | 14,485,000 | 22,148,000 | 29,667,000 |
| Noninterest income | 777,000 | 1,634,000 | 2,469,000 | 3,460,000 |
| Noninterest expense | 2,584,000 | 5,841,000 | 9,323,000 | 14,640,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 5,144,000 | 10,278,000 | 15,294,000 | 18,487,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,144,000 | 10,278,000 | 15,294,000 | 18,487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,267,000 | 84,499,000 | 87,493,000 | 87,370,000 |
| Total capital | 84,377,000 | 87,652,000 | 90,597,000 | 90,633,000 |
| Risk-weighted assets | 244,954,000 | 248,379,000 | 244,460,000 | 257,328,000 |