Call reports 2018
SECURITY FEDERAL BANK — 2018
What SECURITY FEDERAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 871,531,000 | 893,563,000 | 902,080,000 | 912,599,000 |
| Total loans | 424,669,000 | 438,537,000 | 432,582,000 | 439,225,000 |
| Allowance for loan losses | 8,204,000 | 8,611,000 | 8,602,000 | 9,172,000 |
| Securities available for sale | 358,697,000 | 362,795,000 | 373,597,000 | 386,101,000 |
| Securities held to maturity | 24,259,000 | 23,335,000 | 22,292,000 | 23,638,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 721,374,000 | 743,226,000 | 756,005,000 | 771,425,000 |
| Interest-bearing deposits | 630,091,000 | 646,514,000 | 651,879,000 | 666,254,000 |
| Noninterest-bearing deposits | 91,283,000 | 96,712,000 | 104,126,000 | 105,171,000 |
| Equity capital | 89,635,000 | 89,133,000 | 87,909,000 | 90,360,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 7,591,000 | 15,479,000 | 23,869,000 | 32,528,000 |
| Interest expense | 929,000 | 1,988,000 | 3,197,000 | 4,554,000 |
| Net interest income | 6,662,000 | 13,491,000 | 20,672,000 | 27,974,000 |
| Noninterest income | 1,818,000 | 3,992,000 | 6,453,000 | 8,306,000 |
| Noninterest expense | 6,542,000 | 13,067,000 | 19,757,000 | 26,245,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 925,000 |
| Pretax income | 2,374,000 | 4,852,000 | 7,654,000 | 9,683,000 |
| Income tax | 451,000 | 927,000 | 1,445,000 | 1,760,000 |
| Net income | 1,923,000 | 3,925,000 | 6,209,000 | 7,923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,987,000 | 88,390,000 | 89,073,000 | 89,188,000 |
| Total capital | 94,520,000 | 95,157,000 | 95,831,000 | 96,092,000 |
| Risk-weighted assets | 520,959,000 | 539,525,000 | 538,834,000 | 550,086,000 |