Call reports 2024
SECURITY NATIONAL BANK OF SOUTH DAKOTA — 2024
What SECURITY NATIONAL BANK OF SOUTH DAKOTA 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 | 221,834,000 | 231,597,000 | 240,444,000 | 245,934,000 |
| Total loans | 135,551,000 | 140,167,000 | 138,049,000 | 140,373,000 |
| Allowance for loan losses | 2,285,000 | 2,285,000 | 2,285,000 | 2,285,000 |
| Securities available for sale | 53,227,000 | 49,947,000 | 48,584,000 | 44,959,000 |
| Securities held to maturity | 7,482,000 | 7,469,000 | 7,416,000 | 7,033,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,428,000 | 187,709,000 | 188,735,000 | 197,291,000 |
| Interest-bearing deposits | 136,113,000 | 144,906,000 | 144,706,000 | 148,079,000 |
| Noninterest-bearing deposits | 41,315,000 | 42,803,000 | 44,029,000 | 49,212,000 |
| Equity capital | 27,870,000 | 29,009,000 | 31,233,000 | 28,656,000 |
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 | 1,927,000 | 3,983,000 | 6,257,000 | 8,596,000 |
| Interest expense | 757,000 | 1,621,000 | 2,609,000 | 3,675,000 |
| Net interest income | 1,170,000 | 2,362,000 | 3,648,000 | 4,921,000 |
| Noninterest income | 1,340,000 | 2,714,000 | 4,050,000 | 5,516,000 |
| Noninterest expense | 1,226,000 | 2,467,000 | 3,700,000 | 5,113,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,284,000 | 2,609,000 | 3,998,000 | 5,324,000 |
| Income tax | 298,000 | 604,000 | 930,000 | 1,221,000 |
| Net income | 986,000 | 2,005,000 | 3,068,000 | 4,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,116,000 | 32,135,000 | 33,198,000 | 31,233,000 |