Call reports 2024
SECURITY BANK AND TRUST COMPANY — 2024
What SECURITY BANK AND TRUST COMPANY 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 | 74,220,000 | 73,244,000 | 70,999,000 | 69,312,000 |
| Total loans | 28,447,000 | 28,731,000 | 28,656,000 | 29,351,000 |
| Allowance for loan losses | 285,000 | 287,000 | 288,000 | 289,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 30,176,000 | 31,686,000 | 30,189,000 | 28,992,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,138,000 | 61,900,000 | 59,431,000 | 57,596,000 |
| Interest-bearing deposits | 45,793,000 | 45,151,000 | 43,949,000 | 41,616,000 |
| Noninterest-bearing deposits | 17,345,000 | 16,749,000 | 15,482,000 | 15,980,000 |
| Equity capital | 10,939,000 | 11,165,000 | 11,345,000 | 10,807,000 |
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 | 661,000 | 1,344,000 | 2,010,000 | 2,674,000 |
| Interest expense | 94,000 | 187,000 | 284,000 | 381,000 |
| Net interest income | 567,000 | 1,157,000 | 1,726,000 | 2,293,000 |
| Noninterest income | 50,000 | 96,000 | 146,000 | 199,000 |
| Noninterest expense | 314,000 | 619,000 | 950,000 | 1,285,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 303,000 | 634,000 | 922,000 | 1,207,000 |
| Income tax | 3,000 | 7,000 | 14,000 | 22,000 |
| Net income | 300,000 | 627,000 | 908,000 | 1,185,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,939,000 | 11,165,000 | 11,345,000 | 10,807,000 |