Call reports 2021
SECURITY FEDERAL BANK — 2021
What SECURITY FEDERAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,178,801,000 | 1,199,701,000 | 1,229,857,000 | 1,300,806,000 |
| Total loans | 520,735,000 | 514,710,000 | 511,772,000 | 510,583,000 |
| Allowance for loan losses | 11,947,000 | 11,424,000 | 11,172,000 | 11,087,000 |
| Securities available for sale | 568,788,000 | 600,587,000 | 627,834,000 | 682,849,000 |
| Securities held to maturity | 17,286,000 | 18,091,000 | 22,421,000 | 23,507,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 992,824,000 | 1,017,188,000 | 1,038,341,000 | 1,136,375,000 |
| Interest-bearing deposits | 768,312,000 | 785,638,000 | 797,257,000 | 874,264,000 |
| Noninterest-bearing deposits | 224,512,000 | 231,550,000 | 241,084,000 | 262,111,000 |
| Equity capital | 121,861,000 | 128,548,000 | 130,666,000 | 130,198,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 9,302,000 | 18,225,000 | 28,069,000 | 37,897,000 |
| Interest expense | 671,000 | 1,242,000 | 1,680,000 | 2,197,000 |
| Net interest income | 8,631,000 | 16,983,000 | 26,389,000 | 35,700,000 |
| Noninterest income | 2,712,000 | 5,271,000 | 9,627,000 | 12,122,000 |
| Noninterest expense | 7,736,000 | 15,244,000 | 23,278,000 | 32,245,000 |
| Provision for loan losses | -870,000 | -1,605,000 | -2,270,000 | -2,397,000 |
| Pretax income | 4,477,000 | 8,615,000 | 15,008,000 | 17,974,000 |
| Income tax | 964,000 | 1,844,000 | 3,260,000 | 3,864,000 |
| Net income | 3,513,000 | 6,771,000 | 11,748,000 | 14,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,186,000 | 116,445,000 | 121,421,000 | 123,783,000 |
| Total capital | 120,921,000 | 124,161,000 | 129,532,000 | 132,706,000 |
| Risk-weighted assets | 614,639,000 | 613,590,000 | 645,857,000 | 711,676,000 |