Call reports 2020
SECURITY FEDERAL SAVINGS BANK — 2020
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 35,904,000 | 37,396,000 | 38,335,000 | 39,432,000 |
| Total loans | 14,875,000 | 14,170,000 | 14,279,000 | 13,285,000 |
| Allowance for loan losses | 174,000 | 145,000 | 148,000 | 132,000 |
| Securities available for sale | 3,901,000 | 3,063,000 | 4,068,000 | 3,974,000 |
| Securities held to maturity | 1,530,000 | 1,463,000 | 1,330,000 | 1,233,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,650,000 | 29,971,000 | 30,882,000 | 31,993,000 |
| Interest-bearing deposits | 20,290,000 | 20,552,000 | 21,120,000 | 21,530,000 |
| Noninterest-bearing deposits | 8,360,000 | 9,419,000 | 9,762,000 | 10,463,000 |
| Equity capital | 4,330,000 | 4,529,000 | 4,609,000 | 4,658,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 341,000 | 663,000 | 973,000 | 1,233,000 |
| Interest expense | 67,000 | 131,000 | 191,000 | 243,000 |
| Net interest income | 274,000 | 532,000 | 782,000 | 990,000 |
| Noninterest income | 79,000 | 142,000 | 215,000 | 280,000 |
| Noninterest expense | 310,000 | 590,000 | 860,000 | 1,155,000 |
| Provision for loan losses | 0 | 18,000 | 30,000 | 72,000 |
| Pretax income | 39,000 | 40,000 | 96,000 | 33,000 |
| Income tax | 0 | 3,000 | 6,000 | -7,000 |
| Net income | 39,000 | 37,000 | 90,000 | 40,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,637,000 | 4,643,000 | 4,687,000 | 4,643,000 |
| Total capital | — | 4,788,000 | — | — |
| Risk-weighted assets | — | 18,312,000 | — | — |