Call reports 2017
SECURITY FEDERAL BANK — 2017
What SECURITY FEDERAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 847,950,000 | 856,787,000 | 860,993,000 | 868,657,000 |
| Total loans | 363,603,000 | 368,165,000 | 383,880,000 | 398,715,000 |
| Allowance for loan losses | 8,378,000 | 8,202,000 | 8,169,000 | 8,222,000 |
| Securities available for sale | 381,319,000 | 401,137,000 | 388,488,000 | 384,819,000 |
| Securities held to maturity | 28,424,000 | 27,196,000 | 25,338,000 | 27,081,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 703,288,000 | 697,195,000 | 707,612,000 | 707,525,000 |
| Interest-bearing deposits | 619,868,000 | 608,539,000 | 624,172,000 | 622,174,000 |
| Noninterest-bearing deposits | 83,420,000 | 88,656,000 | 83,440,000 | 85,351,000 |
| Equity capital | 91,125,000 | 93,402,000 | 93,742,000 | 92,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 6,832,000 | 14,059,000 | 21,665,000 | 29,132,000 |
| Interest expense | 693,000 | 1,445,000 | 2,276,000 | 3,128,000 |
| Net interest income | 6,139,000 | 12,614,000 | 19,389,000 | 26,004,000 |
| Noninterest income | 1,809,000 | 3,507,000 | 5,918,000 | 7,810,000 |
| Noninterest expense | 6,044,000 | 12,033,000 | 18,585,000 | 24,598,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 300,000 |
| Pretax income | 2,369,000 | 4,598,000 | 7,211,000 | 9,291,000 |
| Income tax | 638,000 | 1,212,000 | 1,747,000 | 2,754,000 |
| Net income | 1,731,000 | 3,386,000 | 5,464,000 | 6,537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,270,000 | 88,325,000 | 88,802,000 | 88,275,000 |
| Total capital | 93,903,000 | 94,123,000 | 95,121,000 | 94,547,000 |
| Risk-weighted assets | 447,876,000 | 461,425,000 | 503,631,000 | 499,809,000 |