Call reports 2014
SECURITY STATE BANK — 2014
What SECURITY STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 309,774,000 | 322,667,000 | 326,777,000 | 356,110,000 |
| Total loans | 187,475,000 | 195,547,000 | 200,494,000 | 202,564,000 |
| Allowance for loan losses | 2,597,000 | 2,594,000 | 2,593,000 | 2,589,000 |
| Securities available for sale | 28,891,000 | 29,559,000 | 28,420,000 | 27,567,000 |
| Securities held to maturity | 50,361,000 | 53,647,000 | 51,916,000 | 51,174,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,261,000 | 269,977,000 | 273,418,000 | 307,543,000 |
| Interest-bearing deposits | 244,376,000 | 243,353,000 | 245,894,000 | 248,656,000 |
| Noninterest-bearing deposits | 17,884,000 | 26,624,000 | 27,523,000 | 58,887,000 |
| Equity capital | 33,590,000 | 36,551,000 | 36,980,000 | 32,692,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,137,000 | 6,400,000 | 9,706,000 | 13,054,000 |
| Interest expense | 349,000 | 688,000 | 1,019,000 | 1,341,000 |
| Net interest income | 2,788,000 | 5,712,000 | 8,687,000 | 11,713,000 |
| Noninterest income | 344,000 | 768,000 | 1,150,000 | 1,614,000 |
| Noninterest expense | 2,064,000 | 4,104,000 | 6,285,000 | 8,534,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,068,000 | 2,376,000 | 3,552,000 | 4,793,000 |
| Income tax | 337,000 | 755,000 | 1,131,000 | 1,569,000 |
| Net income | 731,000 | 1,621,000 | 2,421,000 | 3,224,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,276,000 | 36,112,000 | 36,615,000 | 32,256,000 |
| Total capital | 35,847,000 | 38,706,000 | 39,208,000 | 34,845,000 |
| Risk-weighted assets | 211,339,000 | 224,127,000 | 227,060,000 | 211,594,000 |