Call reports 2023
SECURITY NATIONAL BANK OF SOUTH DAKOTA — 2023
What SECURITY NATIONAL BANK OF SOUTH DAKOTA 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 | 220,539,000 | 214,627,000 | 220,643,000 | 218,066,000 |
| Total loans | 123,882,000 | 126,564,000 | 129,967,000 | 137,195,000 |
| Allowance for loan losses | 2,285,000 | 2,285,000 | 2,285,000 | 2,285,000 |
| Securities available for sale | 63,470,000 | 60,850,000 | 56,958,000 | 55,744,000 |
| Securities held to maturity | 8,339,000 | 8,159,000 | 7,610,000 | 7,596,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,489,000 | 171,515,000 | 172,747,000 | 176,268,000 |
| Interest-bearing deposits | 139,170,000 | 133,428,000 | 131,439,000 | 133,253,000 |
| Noninterest-bearing deposits | 43,319,000 | 38,087,000 | 41,308,000 | 43,015,000 |
| Equity capital | 26,780,000 | 27,552,000 | 27,540,000 | 26,995,000 |
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 | 1,767,000 | 3,545,000 | 5,352,000 | 7,262,000 |
| Interest expense | 317,000 | 740,000 | 1,364,000 | 2,146,000 |
| Net interest income | 1,450,000 | 2,805,000 | 3,988,000 | 5,116,000 |
| Noninterest income | 1,322,000 | 2,579,000 | 3,811,000 | 5,059,000 |
| Noninterest expense | 1,275,000 | 2,568,000 | 3,812,000 | 5,191,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,497,000 | 2,816,000 | 3,987,000 | 4,984,000 |
| Income tax | 349,000 | 654,000 | 921,000 | 1,153,000 |
| Net income | 1,148,000 | 2,162,000 | 3,066,000 | 3,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,447,000 | 31,462,000 | 32,366,000 | 30,130,000 |