Call reports 2016
SECURITY FEDERAL SAVINGS BANK — 2016
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 41,723,000 | 41,692,000 | 40,389,000 | 39,918,000 |
| Total loans | 15,429,000 | 15,634,000 | 15,902,000 | 15,162,000 |
| Allowance for loan losses | 157,000 | 163,000 | 169,000 | 158,000 |
| Securities available for sale | 8,173,000 | 8,417,000 | 7,804,000 | 7,703,000 |
| Securities held to maturity | 3,224,000 | 3,030,000 | 2,861,000 | 2,723,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,419,000 | 30,179,000 | 28,773,000 | 28,376,000 |
| Interest-bearing deposits | 29,330,000 | 23,141,000 | 22,775,000 | 22,458,000 |
| Noninterest-bearing deposits | 1,089,000 | 7,038,000 | 5,998,000 | 5,918,000 |
| Equity capital | 4,149,000 | 4,363,000 | 4,487,000 | 4,433,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 378,000 | 761,000 | 1,137,000 | 1,499,000 |
| Interest expense | 53,000 | 105,000 | 159,000 | 212,000 |
| Net interest income | 325,000 | 656,000 | 978,000 | 1,287,000 |
| Noninterest income | 72,000 | 135,000 | 205,000 | 278,000 |
| Noninterest expense | 359,000 | 718,000 | 1,112,000 | 1,487,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 18,000 |
| Pretax income | 33,000 | 67,000 | 95,000 | 132,000 |
| Income tax | 2,000 | 2,000 | 6,000 | 12,000 |
| Net income | 31,000 | 65,000 | 89,000 | 120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,441,000 | 4,474,000 | 4,503,000 | 4,470,000 |
| Total capital | 4,599,000 | 4,641,000 | 4,675,000 | 4,628,000 |
| Risk-weighted assets | 23,599,000 | 23,657,000 | 23,644,000 | 22,803,000 |