Call reports 2016
SECURITY STATE BANK — 2016
What SECURITY STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 105,044,000 | 100,921,000 | 110,695,000 | 106,542,000 |
| Total loans | 78,331,000 | 79,026,000 | 81,798,000 | 82,336,000 |
| Allowance for loan losses | 1,332,000 | 1,392,000 | 1,452,000 | 1,434,000 |
| Securities available for sale | 16,204,000 | 14,293,000 | 13,866,000 | 13,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,740,000 | 86,622,000 | 96,756,000 | 92,412,000 |
| Interest-bearing deposits | 72,566,000 | 69,693,000 | 77,220,000 | 70,468,000 |
| Noninterest-bearing deposits | 18,174,000 | 16,928,000 | 19,536,000 | 21,944,000 |
| Equity capital | 13,193,000 | 13,535,000 | 13,821,000 | 14,039,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,005,000 | 2,061,000 | 3,145,000 | 4,234,000 |
| Interest expense | 116,000 | 228,000 | 346,000 | 463,000 |
| Net interest income | 889,000 | 1,833,000 | 2,799,000 | 3,771,000 |
| Noninterest income | 71,000 | 137,000 | 219,000 | 293,000 |
| Noninterest expense | 498,000 | 986,000 | 1,516,000 | 2,071,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 402,000 | 864,000 | 1,322,000 | 1,753,000 |
| Income tax | 115,000 | 253,000 | 393,000 | 481,000 |
| Net income | 287,000 | 611,000 | 929,000 | 1,272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,153,000 | 13,396,000 | 13,731,000 | 14,054,000 |
| Total capital | 14,286,000 | 14,503,000 | 14,958,000 | 15,220,000 |
| Risk-weighted assets | 90,492,000 | 88,307,000 | 97,897,000 | 93,000,000 |