Call reports 2013
SECURITY FEDERAL BANK — 2013
What SECURITY FEDERAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 875,469,000 | 867,101,000 | 852,184,000 | 848,991,000 |
| Total loans | 394,122,000 | 385,056,000 | 375,572,000 | 369,158,000 |
| Allowance for loan losses | 11,105,000 | 11,007,000 | 10,649,000 | 10,242,000 |
| Securities available for sale | 355,308,000 | 432,082,000 | 426,594,000 | 430,747,000 |
| Securities held to maturity | 74,042,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 678,667,000 | 675,359,000 | 673,666,000 | 662,877,000 |
| Interest-bearing deposits | 626,662,000 | 620,879,000 | 613,717,000 | 607,779,000 |
| Noninterest-bearing deposits | 52,005,000 | 54,480,000 | 59,949,000 | 55,098,000 |
| Equity capital | 89,134,000 | 85,763,000 | 84,985,000 | 85,116,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 7,538,000 | 15,099,000 | 22,633,000 | 29,834,000 |
| Interest expense | 1,969,000 | 3,784,000 | 5,434,000 | 6,953,000 |
| Net interest income | 5,569,000 | 11,315,000 | 17,199,000 | 22,881,000 |
| Noninterest income | 1,433,000 | 2,631,000 | 3,592,000 | 4,787,000 |
| Noninterest expense | 5,216,000 | 10,308,000 | 15,442,000 | 20,624,000 |
| Provision for loan losses | 1,145,000 | 2,045,000 | 2,645,000 | 2,645,000 |
| Pretax income | 1,025,000 | 2,346,000 | 3,877,000 | 5,724,000 |
| Income tax | 262,000 | 612,000 | 1,029,000 | 1,565,000 |
| Net income | 763,000 | 1,734,000 | 2,848,000 | 4,159,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,597,000 | 80,048,000 | 80,916,000 | 81,624,000 |
| Total capital | 86,761,000 | 85,185,000 | 85,969,000 | 86,652,000 |
| Risk-weighted assets | 408,088,000 | 406,259,000 | 398,653,000 | 397,087,000 |