Call reports 2024
SECURITY STATE BANK — 2024
What SECURITY STATE 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 | 598,027,000 | 606,852,000 | 619,392,000 | 625,252,000 |
| Total loans | 230,099,000 | 231,695,000 | 231,942,000 | 233,566,000 |
| Allowance for loan losses | 7,018,000 | 7,018,000 | 7,007,000 | 6,993,000 |
| Securities available for sale | 101,709,000 | 78,969,000 | 38,533,000 | 27,827,000 |
| Securities held to maturity | 6,329,000 | 6,241,000 | 5,926,000 | 5,742,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 499,807,000 | 505,575,000 | 514,841,000 | 517,203,000 |
| Interest-bearing deposits | 345,547,000 | 346,165,000 | 355,694,000 | 366,178,000 |
| Noninterest-bearing deposits | 154,260,000 | 159,410,000 | 159,147,000 | 151,025,000 |
| Equity capital | 91,629,000 | 95,488,000 | 98,451,000 | 100,569,000 |
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 | 7,575,000 | 16,543,000 | 24,640,000 | 33,268,000 |
| Interest expense | 733,000 | 1,599,000 | 2,612,000 | 3,756,000 |
| Net interest income | 6,842,000 | 14,944,000 | 22,028,000 | 29,512,000 |
| Noninterest income | 1,177,000 | 2,167,000 | 3,003,000 | 3,869,000 |
| Noninterest expense | 3,260,000 | 7,056,000 | 10,474,000 | 14,414,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,759,000 | 10,055,000 | 14,557,000 | 18,967,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,759,000 | 10,055,000 | 14,557,000 | 18,967,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,865,000 | 94,456,000 | 97,064,000 | 99,199,000 |
| Total capital | 94,116,000 | 97,720,000 | 100,320,000 | 102,429,000 |
| Risk-weighted assets | 256,364,000 | 257,421,000 | 256,786,000 | 254,694,000 |