Call reports 2014
SECURITY FEDERAL BANK — 2014
What SECURITY FEDERAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 848,521,000 | 844,033,000 | 828,593,000 | 825,076,000 |
| Total loans | 364,827,000 | 355,717,000 | 352,761,000 | 348,232,000 |
| Allowance for loan losses | 9,846,000 | 9,112,000 | 8,647,000 | 8,358,000 |
| Securities available for sale | 436,187,000 | 436,506,000 | 428,527,000 | 429,394,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 671,628,000 | 663,210,000 | 651,629,000 | 664,882,000 |
| Interest-bearing deposits | 613,115,000 | 601,582,000 | 588,750,000 | 603,413,000 |
| Noninterest-bearing deposits | 58,513,000 | 61,628,000 | 62,879,000 | 61,469,000 |
| Equity capital | 87,604,000 | 91,265,000 | 92,276,000 | 93,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,027,000 | 14,473,000 | 21,642,000 | 28,692,000 |
| Interest expense | 1,406,000 | 2,768,000 | 4,007,000 | 5,232,000 |
| Net interest income | 5,621,000 | 11,705,000 | 17,635,000 | 23,460,000 |
| Noninterest income | 1,416,000 | 2,753,000 | 4,400,000 | 6,146,000 |
| Noninterest expense | 5,119,000 | 10,207,000 | 15,311,000 | 20,885,000 |
| Provision for loan losses | 100,000 | 200,000 | 200,000 | 450,000 |
| Pretax income | 1,902,000 | 4,096,000 | 6,712,000 | 8,708,000 |
| Income tax | 507,000 | 1,132,000 | 1,945,000 | 2,529,000 |
| Net income | 1,395,000 | 2,964,000 | 4,767,000 | 6,179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,352,000 | 83,486,000 | 84,807,000 | 87,222,000 |
| Total capital | 87,294,000 | 88,306,000 | 89,605,000 | 91,973,000 |
| Risk-weighted assets | 390,429,000 | 381,353,000 | 379,994,000 | 376,543,000 |