Call reports 2021
SECURITY FEDERAL SAVINGS BANK — 2021
What SECURITY FEDERAL SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 39,415,000 | 38,989,000 | 37,558,000 | 34,069,000 |
| Total loans | 12,792,000 | 12,643,000 | 11,925,000 | 11,190,000 |
| Allowance for loan losses | 129,000 | 110,000 | 120,000 | 117,000 |
| Securities available for sale | 3,435,000 | 2,590,000 | 2,246,000 | 0 |
| Securities held to maturity | 1,130,000 | 1,046,000 | 979,000 | 903,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,086,000 | 31,689,000 | 30,565,000 | 29,874,000 |
| Interest-bearing deposits | 21,237,000 | 20,642,000 | 20,542,000 | 19,642,000 |
| Noninterest-bearing deposits | 10,849,000 | 11,047,000 | 10,023,000 | 10,232,000 |
| Equity capital | 4,610,000 | 4,621,000 | 4,363,000 | 4,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 250,000 | 466,000 | 661,000 | 842,000 |
| Interest expense | 42,000 | 78,000 | 107,000 | 137,000 |
| Net interest income | 208,000 | 388,000 | 554,000 | 705,000 |
| Noninterest income | 65,000 | 126,000 | 190,000 | 257,000 |
| Noninterest expense | 308,000 | 606,000 | 1,107,000 | 1,542,000 |
| Provision for loan losses | 0 | -10,000 | -4,000 | -4,000 |
| Pretax income | -35,000 | -57,000 | -325,000 | -574,000 |
| Income tax | -2,000 | -4,000 | -21,000 | -41,000 |
| Net income | -33,000 | -53,000 | -304,000 | -533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,611,000 | 4,590,000 | 4,340,000 | 4,111,000 |
| Total capital | — | 4,700,000 | 4,460,000 | 4,228,000 |
| Risk-weighted assets | — | 16,934,000 | 15,722,000 | 12,278,000 |