Call reports 2014
SECURITY STATE BANK — 2014
What SECURITY STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 97,485,000 | 93,946,000 | 102,854,000 | 101,524,000 |
| Total loans | 63,387,000 | 63,067,000 | 66,008,000 | 71,618,000 |
| Allowance for loan losses | 1,102,000 | 1,142,000 | 974,000 | 1,034,000 |
| Securities available for sale | 21,613,000 | 20,760,000 | 20,050,000 | 19,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,187,000 | 82,312,000 | 90,927,000 | 87,352,000 |
| Interest-bearing deposits | 68,735,000 | 65,878,000 | 72,692,000 | 69,394,000 |
| Noninterest-bearing deposits | 17,452,000 | 16,434,000 | 18,235,000 | 17,958,000 |
| Equity capital | 11,126,000 | 11,466,000 | 11,733,000 | 11,941,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 901,000 | 1,800,000 | 2,744,000 | 3,714,000 |
| Interest expense | 103,000 | 208,000 | 321,000 | 422,000 |
| Net interest income | 798,000 | 1,592,000 | 2,423,000 | 3,292,000 |
| Noninterest income | 58,000 | 161,000 | 229,000 | 300,000 |
| Noninterest expense | 476,000 | 937,000 | 1,419,000 | 1,952,000 |
| Provision for loan losses | 0 | 40,000 | 100,000 | 160,000 |
| Pretax income | 380,000 | 776,000 | 1,133,000 | 1,480,000 |
| Income tax | 111,000 | 209,000 | 308,000 | 399,000 |
| Net income | 269,000 | 567,000 | 825,000 | 1,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,070,000 | 11,368,000 | 11,626,000 | 11,881,000 |
| Total capital | 11,983,000 | 12,228,000 | 12,585,000 | 12,826,000 |
| Risk-weighted assets | 80,588,000 | 76,588,000 | 84,264,000 | 83,042,000 |