Call reports 2024
SECURITY BANK USA — 2024
What SECURITY BANK USA 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 | 242,912,000 | 242,736,000 | 253,879,000 | 247,788,000 |
| Total loans | 166,966,000 | 171,160,000 | 172,259,000 | 175,368,000 |
| Allowance for loan losses | 2,548,000 | 2,593,000 | 2,611,000 | 2,493,000 |
| Securities available for sale | 37,338,000 | 38,526,000 | 37,914,000 | 41,381,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,076,000 | 220,962,000 | 230,243,000 | 225,303,000 |
| Interest-bearing deposits | 181,270,000 | 178,741,000 | 181,881,000 | 185,179,000 |
| Noninterest-bearing deposits | 39,806,000 | 42,221,000 | 48,362,000 | 40,124,000 |
| Equity capital | 21,115,000 | 21,024,000 | 22,729,000 | 21,790,000 |
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 | 3,152,000 | 6,424,000 | 9,965,000 | 13,448,000 |
| Interest expense | 1,090,000 | 2,179,000 | 3,249,000 | 4,291,000 |
| Net interest income | 2,062,000 | 4,245,000 | 6,716,000 | 9,157,000 |
| Noninterest income | 410,000 | 951,000 | 1,576,000 | 2,771,000 |
| Noninterest expense | 1,738,000 | 3,724,000 | 5,614,000 | 8,360,000 |
| Provision for loan losses | 40,000 | 85,000 | 115,000 | 115,000 |
| Pretax income | 694,000 | 1,387,000 | 2,563,000 | 3,453,000 |
| Income tax | 1,000 | 2,000 | 3,000 | 5,000 |
| Net income | 693,000 | 1,385,000 | 2,560,000 | 3,448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,594,000 | 22,752,000 | 23,555,000 | 23,467,000 |
| Total capital | 24,657,000 | 24,850,000 | 25,648,000 | 25,578,000 |
| Risk-weighted assets | 164,578,000 | 167,406,000 | 166,965,000 | 168,570,000 |