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 | 443,552,000 | 440,366,000 | 425,275,000 | 460,343,000 |
| Total loans | 194,079,000 | 191,923,000 | 191,941,000 | 193,154,000 |
| Allowance for loan losses | 3,369,000 | 3,358,000 | 3,360,000 | 3,360,000 |
| Securities available for sale | 185,300,000 | 181,401,000 | 173,588,000 | 177,370,000 |
| Securities held to maturity | 18,197,000 | 17,914,000 | 17,241,000 | 16,892,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 375,562,000 | 364,164,000 | 354,434,000 | 368,229,000 |
| Interest-bearing deposits | 320,674,000 | 311,761,000 | 301,746,000 | 308,604,000 |
| Noninterest-bearing deposits | 54,888,000 | 52,404,000 | 52,688,000 | 59,625,000 |
| Equity capital | 28,728,000 | 26,955,000 | 22,872,000 | 30,654,000 |
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 | 3,658,000 | 7,686,000 | 11,623,000 | 15,837,000 |
| Interest expense | 875,000 | 2,361,000 | 3,972,000 | 5,783,000 |
| Net interest income | 2,783,000 | 5,325,000 | 7,651,000 | 10,054,000 |
| Noninterest income | 421,000 | 1,207,000 | 1,656,000 | 2,121,000 |
| Noninterest expense | 2,646,000 | 5,324,000 | 8,062,000 | 10,477,000 |
| Provision for loan losses | 0 | -125,000 | -125,000 | -125,000 |
| Pretax income | 558,000 | 1,333,000 | 1,370,000 | 1,823,000 |
| Income tax | 69,000 | 208,000 | 165,000 | 241,000 |
| Net income | 489,000 | 1,125,000 | 1,205,000 | 1,582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,873,000 | 44,209,000 | 44,288,000 | 44,666,000 |
| Total capital | 47,845,000 | 47,179,000 | 47,305,000 | 47,648,000 |
| Risk-weighted assets | 237,370,000 | 237,225,000 | 241,094,000 | 238,193,000 |