Call reports 2023
SECURITY STATE BANK — 2023
What SECURITY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 276,464,000 | 270,505,000 | 278,731,000 | 299,466,000 |
| Total loans | 168,129,000 | 172,305,000 | 176,735,000 | 178,114,000 |
| Allowance for loan losses | 1,344,000 | 1,372,000 | 1,397,000 | 1,422,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 29,790,000 | 70,420,000 | 30,277,000 | 75,445,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,535,000 | 238,606,000 | 244,775,000 | 266,753,000 |
| Interest-bearing deposits | 196,724,000 | 193,215,000 | 199,106,000 | 212,209,000 |
| Noninterest-bearing deposits | 49,811,000 | 45,391,000 | 45,669,000 | 54,544,000 |
| Equity capital | 29,481,000 | 31,251,000 | 33,107,000 | 32,276,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,985,000 | 8,115,000 | 12,522,000 | 17,290,000 |
| Interest expense | 1,482,000 | 3,064,000 | 4,799,000 | 6,670,000 |
| Net interest income | 2,503,000 | 5,051,000 | 7,723,000 | 10,620,000 |
| Noninterest income | 773,000 | 931,000 | 1,053,000 | 1,228,000 |
| Noninterest expense | 1,008,000 | 1,919,000 | 2,832,000 | 5,210,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 100,000 |
| Pretax income | 2,243,000 | 4,013,000 | 5,869,000 | 6,538,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,243,000 | 4,013,000 | 5,869,000 | 6,538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,481,000 | 31,251,000 | 33,107,000 | 32,276,000 |