Call reports 2024
SECURITY BANK — 2024
What SECURITY BANK 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 | 186,812,000 | 192,915,000 | 204,089,000 | 214,257,000 |
| Total loans | 159,201,000 | 167,799,000 | 179,982,000 | 185,661,000 |
| Allowance for loan losses | 1,770,000 | 1,847,000 | 1,884,000 | 1,939,000 |
| Securities available for sale | 6,889,000 | 6,087,000 | 5,640,000 | 5,141,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,280,000 | 162,502,000 | 172,964,000 | 182,369,000 |
| Interest-bearing deposits | 118,645,000 | 127,503,000 | 134,935,000 | 141,728,000 |
| Noninterest-bearing deposits | 38,635,000 | 34,999,000 | 38,029,000 | 40,641,000 |
| Equity capital | 22,088,000 | 22,861,000 | 23,568,000 | 24,239,000 |
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 | 2,749,000 | 5,972,000 | 9,192,000 | 12,630,000 |
| Interest expense | 1,196,000 | 2,452,000 | 3,894,000 | 5,389,000 |
| Net interest income | 1,553,000 | 3,520,000 | 5,298,000 | 7,241,000 |
| Noninterest income | 172,000 | 333,000 | 496,000 | 692,000 |
| Noninterest expense | 1,082,000 | 2,174,000 | 3,324,000 | 4,465,000 |
| Provision for loan losses | 60,000 | 120,000 | 161,000 | 221,000 |
| Pretax income | 583,000 | 1,559,000 | 2,290,000 | 3,226,000 |
| Income tax | 117,000 | 304,000 | 453,000 | 633,000 |
| Net income | 466,000 | 1,255,000 | 1,837,000 | 2,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,340,000 | 23,128,000 | 23,710,000 | 24,468,000 |