Call reports 2014
SECURITY FEDERAL SAVINGS BANK — 2014
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 38,798,000 | 37,971,000 | 37,755,000 | 38,676,000 |
| Total loans | 14,409,000 | 14,372,000 | 14,295,000 | 14,349,000 |
| Allowance for loan losses | 217,000 | 218,000 | 211,000 | 193,000 |
| Securities available for sale | 5,510,000 | 6,711,000 | 7,384,000 | 7,444,000 |
| Securities held to maturity | 4,854,000 | 4,665,000 | 4,400,000 | 4,275,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,331,000 | 27,368,000 | 27,211,000 | 27,144,000 |
| Interest-bearing deposits | 26,202,000 | 25,662,000 | 25,565,000 | 25,720,000 |
| Noninterest-bearing deposits | 2,129,000 | 1,706,000 | 1,646,000 | 1,424,000 |
| Equity capital | 4,323,000 | 4,413,000 | 4,343,000 | 4,288,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 386,000 | 774,000 | 1,159,000 | 1,547,000 |
| Interest expense | 47,000 | 94,000 | 141,000 | 192,000 |
| Net interest income | 339,000 | 680,000 | 1,018,000 | 1,355,000 |
| Noninterest income | 69,000 | 136,000 | 203,000 | 275,000 |
| Noninterest expense | 344,000 | 693,000 | 1,068,000 | 1,431,000 |
| Provision for loan losses | 30,000 | 38,000 | 38,000 | 38,000 |
| Pretax income | 76,000 | 152,000 | 182,000 | 228,000 |
| Income tax | 5,000 | 10,000 | 12,000 | 6,000 |
| Net income | 71,000 | 142,000 | 170,000 | 222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,220,000 | 4,290,000 | 4,318,000 | 4,370,000 |
| Total capital | 4,437,000 | 4,508,000 | 4,529,000 | 4,563,000 |
| Risk-weighted assets | 19,835,000 | 20,301,000 | 20,962,000 | 21,174,000 |