Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE 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 | 365,016,000 | 390,249,000 | 392,588,000 | 409,174,000 |
| Total loans | 189,592,000 | 208,788,000 | 203,907,000 | 189,680,000 |
| Allowance for loan losses | 3,424,000 | 3,594,000 | 3,703,000 | 3,545,000 |
| Securities available for sale | 81,064,000 | 93,447,000 | 97,411,000 | 135,035,000 |
| Securities held to maturity | 55,408,000 | 51,712,000 | 45,065,000 | 39,634,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 303,734,000 | 321,976,000 | 319,345,000 | 337,723,000 |
| Interest-bearing deposits | 276,414,000 | 285,248,000 | 279,778,000 | 298,879,000 |
| Noninterest-bearing deposits | 27,320,000 | 36,729,000 | 39,567,000 | 38,845,000 |
| Equity capital | 41,329,000 | 42,689,000 | 43,849,000 | 43,812,000 |
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 | 3,529,000 | 6,949,000 | 10,407,000 | 13,449,000 |
| Interest expense | 825,000 | 1,542,000 | 2,179,000 | 2,723,000 |
| Net interest income | 2,704,000 | 5,407,000 | 8,228,000 | 10,726,000 |
| Noninterest income | 473,000 | 1,326,000 | 2,107,000 | 2,999,000 |
| Noninterest expense | 2,225,000 | 4,451,000 | 6,717,000 | 9,120,000 |
| Provision for loan losses | 0 | 475,000 | 685,000 | 1,005,000 |
| Pretax income | 952,000 | 1,877,000 | 3,003,000 | 3,687,000 |
| Income tax | 172,000 | 335,000 | 536,000 | 644,000 |
| Net income | 780,000 | 1,542,000 | 2,467,000 | 3,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,059,000 | 40,486,000 | 41,410,000 | 41,318,000 |
| Total capital | 42,751,000 | 43,193,000 | 44,352,000 | 44,204,000 |
| Risk-weighted assets | 214,621,000 | 215,680,000 | 234,575,000 | 230,258,000 |