Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 108,023,000 | 107,640,000 | 118,167,000 | 127,690,000 |
| Total loans | 82,302,000 | 83,685,000 | 83,137,000 | 79,948,000 |
| Allowance for loan losses | 1,790,000 | 1,861,000 | 1,860,000 | 1,865,000 |
| Securities available for sale | 2,166,000 | 6,866,000 | 6,863,000 | 7,309,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,676,000 | 88,976,000 | 99,142,000 | 108,434,000 |
| Interest-bearing deposits | 72,089,000 | 69,690,000 | 78,094,000 | 88,592,000 |
| Noninterest-bearing deposits | 17,587,000 | 19,286,000 | 21,048,000 | 19,842,000 |
| Equity capital | 18,159,000 | 18,541,000 | 18,904,000 | 19,131,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,150,000 | 2,233,000 | 3,296,000 | 4,487,000 |
| Interest expense | 184,000 | 341,000 | 499,000 | 646,000 |
| Net interest income | 966,000 | 1,892,000 | 2,797,000 | 3,841,000 |
| Noninterest income | 40,000 | 237,000 | 300,000 | 171,000 |
| Noninterest expense | 479,000 | 946,000 | 1,447,000 | 2,009,000 |
| Provision for loan losses | 30,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 497,000 | 1,133,000 | 1,600,000 | 1,953,000 |
| Income tax | 118,000 | 270,000 | 379,000 | 453,000 |
| Net income | 379,000 | 863,000 | 1,221,000 | 1,500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,162,000 | 18,497,000 | 18,842,000 | 19,070,000 |
| Total capital | 19,277,000 | — | — | 20,174,000 |
| Risk-weighted assets | 88,491,000 | — | — | 87,607,000 |