Call reports 2024
SECURITY FIRST BANK — 2024
What SECURITY FIRST 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 | 2,084,085,000 | 1,930,300,000 | 1,960,964,000 | 2,083,076,000 |
| Total loans | 1,309,152,000 | 1,331,210,000 | 1,315,041,000 | 1,325,874,000 |
| Allowance for loan losses | 16,566,000 | 16,633,000 | 17,086,000 | 16,888,000 |
| Securities available for sale | 407,986,000 | 396,434,000 | 354,774,000 | 324,343,000 |
| Securities held to maturity | 2,869,000 | 2,706,000 | 2,706,000 | 2,613,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,651,297,000 | 1,489,268,000 | 1,594,293,000 | 1,743,206,000 |
| Interest-bearing deposits | 1,398,057,000 | 1,257,934,000 | 1,358,025,000 | 1,499,621,000 |
| Noninterest-bearing deposits | 253,240,000 | 231,334,000 | 236,268,000 | 243,585,000 |
| Equity capital | 152,805,000 | 157,342,000 | 166,408,000 | 163,323,000 |
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 | 24,744,000 | 50,977,000 | 77,942,000 | 105,129,000 |
| Interest expense | 12,008,000 | 25,036,000 | 37,960,000 | 50,549,000 |
| Net interest income | 12,736,000 | 25,941,000 | 39,982,000 | 54,580,000 |
| Noninterest income | 2,589,000 | 5,341,000 | 8,284,000 | 11,125,000 |
| Noninterest expense | 11,332,000 | 21,979,000 | 33,433,000 | 43,957,000 |
| Provision for loan losses | 451,000 | 743,000 | 1,296,000 | 1,567,000 |
| Pretax income | 3,543,000 | 8,553,000 | 13,532,000 | 20,134,000 |
| Income tax | 770,000 | 1,882,000 | 2,989,000 | 4,485,000 |
| Net income | 2,773,000 | 6,671,000 | 10,543,000 | 15,649,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 150,420,000 | 154,339,000 | 158,232,000 | 158,358,000 |
| Total capital | 167,028,000 | 171,022,000 | 175,365,000 | 175,322,000 |
| Risk-weighted assets | 1,393,001,000 | 1,409,814,000 | 1,395,428,000 | 1,399,791,000 |