Call reports 2020
SECURITY BANK USA — 2020
What SECURITY BANK USA 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 | 170,499,000 | 182,124,000 | 193,417,000 | 189,051,000 |
| Total loans | 123,130,000 | 136,302,000 | 141,105,000 | 127,241,000 |
| Allowance for loan losses | 1,848,000 | 1,873,000 | 1,945,000 | 1,934,000 |
| Securities available for sale | 11,607,000 | 11,949,000 | 13,029,000 | 13,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,439,000 | 161,237,000 | 172,253,000 | 166,608,000 |
| Interest-bearing deposits | 124,197,000 | 118,165,000 | 129,438,000 | 126,312,000 |
| Noninterest-bearing deposits | 25,242,000 | 43,072,000 | 42,815,000 | 40,296,000 |
| Equity capital | 15,267,000 | 16,095,000 | 15,968,000 | 17,070,000 |
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 | 1,877,000 | 3,948,000 | 5,788,000 | 7,755,000 |
| Interest expense | 292,000 | 534,000 | 757,000 | 967,000 |
| Net interest income | 1,585,000 | 3,414,000 | 5,031,000 | 6,788,000 |
| Noninterest income | 432,000 | 1,096,000 | 2,203,000 | 3,492,000 |
| Noninterest expense | 1,306,000 | 2,747,000 | 4,372,000 | 6,200,000 |
| Provision for loan losses | 55,000 | 130,000 | 205,000 | 280,000 |
| Pretax income | 656,000 | 1,633,000 | 2,657,000 | 3,800,000 |
| Income tax | 1,000 | 2,000 | 3,000 | 4,000 |
| Net income | 655,000 | 1,631,000 | 2,654,000 | 3,796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,009,000 | 15,785,000 | 15,719,000 | 16,788,000 |