Call reports 2023
SECURITY STATE BANK — 2023
What SECURITY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 126,144,000 | 118,623,000 | 116,786,000 | 109,079,000 |
| Total loans | 68,805,000 | 71,283,000 | 71,905,000 | 72,494,000 |
| Allowance for loan losses | 1,860,000 | 1,860,000 | 1,860,000 | 1,838,000 |
| Securities available for sale | 31,655,000 | 29,304,000 | 28,129,000 | 27,419,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,483,000 | 95,907,000 | 93,586,000 | 85,084,000 |
| Interest-bearing deposits | 78,822,000 | 70,044,000 | 70,782,000 | 62,854,000 |
| Noninterest-bearing deposits | 24,661,000 | 25,863,000 | 22,804,000 | 22,230,000 |
| Equity capital | 21,873,000 | 22,254,000 | 22,716,000 | 23,749,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,388,000 | 2,804,000 | 4,268,000 | 5,776,000 |
| Interest expense | 124,000 | 287,000 | 509,000 | 762,000 |
| Net interest income | 1,264,000 | 2,517,000 | 3,759,000 | 5,014,000 |
| Noninterest income | 41,000 | 89,000 | 136,000 | 187,000 |
| Noninterest expense | 487,000 | 1,018,000 | 1,541,000 | 2,131,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 818,000 | 1,588,000 | 2,354,000 | 3,070,000 |
| Income tax | 203,000 | 386,000 | 570,000 | 690,000 |
| Net income | 615,000 | 1,202,000 | 1,784,000 | 2,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,613,000 | 23,199,000 | 23,782,000 | 24,378,000 |
| Total capital | 23,603,000 | 24,245,000 | 24,827,000 | 25,426,000 |
| Risk-weighted assets | 78,332,000 | 82,916,000 | 82,785,000 | 83,076,000 |