Call reports 2024
SECURITY STATE BANK & TRUST — 2024
What SECURITY STATE BANK & TRUST 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 | 1,848,576,000 | 1,877,766,000 | 1,868,852,000 | 2,011,000,000 |
| Total loans | 1,350,000,000 | 1,388,707,000 | 1,369,610,000 | 1,329,421,000 |
| Allowance for loan losses | 12,756,000 | 13,233,000 | 13,008,000 | 12,997,000 |
| Securities available for sale | 248,481,000 | 340,837,000 | 337,062,000 | 321,970,000 |
| Securities held to maturity | 106,623,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,647,434,000 | 1,682,360,000 | 1,661,186,000 | 1,711,964,000 |
| Interest-bearing deposits | 1,053,504,000 | 1,092,579,000 | 1,052,089,000 | 1,099,762,000 |
| Noninterest-bearing deposits | 593,930,000 | 589,781,000 | 609,097,000 | 612,202,000 |
| Equity capital | 182,138,000 | 177,482,000 | 190,506,000 | 195,521,000 |
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 | 27,355,000 | 56,055,000 | 85,335,000 | 114,062,000 |
| Interest expense | 7,789,000 | 15,696,000 | 23,367,000 | 30,225,000 |
| Net interest income | 19,566,000 | 40,359,000 | 61,968,000 | 83,837,000 |
| Noninterest income | 2,287,000 | 4,734,000 | 7,203,000 | 9,709,000 |
| Noninterest expense | 13,028,000 | 24,973,000 | 38,779,000 | 52,073,000 |
| Provision for loan losses | 1,188,000 | 1,864,000 | 2,676,000 | 3,947,000 |
| Pretax income | 7,789,000 | 18,257,000 | 27,844,000 | 37,383,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 7,789,000 | 18,257,000 | 27,844,000 | 37,383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 205,645,000 | 206,612,000 | 211,700,000 | 221,238,000 |