Call reports 2016
SECURITY FEDERAL BANK — 2016
What SECURITY FEDERAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 810,730,000 | 811,316,000 | 823,621,000 | 812,353,000 |
| Total loans | 340,153,000 | 343,431,000 | 359,929,000 | 368,079,000 |
| Allowance for loan losses | 8,273,000 | 8,395,000 | 8,111,000 | 8,356,000 |
| Securities available for sale | 388,346,000 | 387,643,000 | 380,639,000 | 361,691,000 |
| Securities held to maturity | 29,947,000 | 28,508,000 | 27,483,000 | 25,584,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 671,638,000 | 669,185,000 | 663,249,000 | 658,968,000 |
| Interest-bearing deposits | 599,562,000 | 593,792,000 | 588,293,000 | 583,738,000 |
| Noninterest-bearing deposits | 72,076,000 | 75,393,000 | 74,956,000 | 75,230,000 |
| Equity capital | 94,424,000 | 97,626,000 | 96,471,000 | 90,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 6,838,000 | 13,837,000 | 20,836,000 | 27,772,000 |
| Interest expense | 772,000 | 1,492,000 | 2,147,000 | 2,841,000 |
| Net interest income | 6,066,000 | 12,345,000 | 18,689,000 | 24,931,000 |
| Noninterest income | 2,454,000 | 3,983,000 | 5,603,000 | 7,241,000 |
| Noninterest expense | 6,271,000 | 12,006,000 | 17,745,000 | 23,794,000 |
| Provision for loan losses | 0 | 0 | 0 | 500,000 |
| Pretax income | 2,507,000 | 4,734,000 | 7,319,000 | 8,582,000 |
| Income tax | 692,000 | 1,253,000 | 1,959,000 | 2,171,000 |
| Net income | 1,815,000 | 3,481,000 | 5,360,000 | 6,411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,043,000 | 88,209,000 | 88,588,000 | 88,139,000 |
| Total capital | 93,022,000 | 93,359,000 | 93,926,000 | 93,735,000 |
| Risk-weighted assets | 395,027,000 | 408,724,000 | 424,282,000 | 444,900,000 |