Call reports 2022
SECURITY FEDERAL BANK — 2022
What SECURITY FEDERAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,299,490,000 | 1,338,835,000 | 1,294,172,000 | 1,316,994,000 |
| Total loans | 515,488,000 | 514,177,000 | 534,391,000 | 561,095,000 |
| Allowance for loan losses | 11,129,000 | 11,198,000 | 11,299,000 | 11,178,000 |
| Securities available for sale | 668,058,000 | 634,540,000 | 591,551,000 | 550,148,000 |
| Securities held to maturity | 22,061,000 | 42,551,000 | 76,359,000 | 106,619,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,146,141,000 | 1,181,136,000 | 1,148,828,000 | 1,136,130,000 |
| Interest-bearing deposits | 859,945,000 | 852,104,000 | 841,509,000 | 833,571,000 |
| Noninterest-bearing deposits | 286,196,000 | 329,032,000 | 307,319,000 | 302,559,000 |
| Equity capital | 111,860,000 | 107,916,000 | 97,946,000 | 101,873,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 8,832,000 | 18,190,000 | 29,012,000 | 41,643,000 |
| Interest expense | 385,000 | 805,000 | 1,525,000 | 3,312,000 |
| Net interest income | 8,447,000 | 17,385,000 | 27,487,000 | 38,331,000 |
| Noninterest income | 2,173,000 | 4,521,000 | 6,616,000 | 8,702,000 |
| Noninterest expense | 8,281,000 | 16,477,000 | 24,667,000 | 33,538,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,339,000 | 5,429,000 | 9,436,000 | 13,493,000 |
| Income tax | 454,000 | 1,114,000 | 1,955,000 | 2,824,000 |
| Net income | 1,885,000 | 4,315,000 | 7,481,000 | 10,669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,668,000 | 135,098,000 | 138,263,000 | 141,452,000 |
| Total capital | 134,394,000 | 144,424,000 | 147,960,000 | 151,408,000 |
| Risk-weighted assets | 695,706,000 | 744,237,000 | 774,128,000 | 795,233,000 |