Call reports 2023
SECURITY SAVINGS BANK — 2023
What SECURITY SAVINGS 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 | 200,908,000 | 197,846,000 | 198,552,000 | 202,134,000 |
| Total loans | 115,633,000 | 117,081,000 | 122,541,000 | 127,439,000 |
| Allowance for loan losses | 1,791,000 | 1,838,000 | 1,862,000 | 1,898,000 |
| Securities available for sale | 67,156,000 | 59,825,000 | 57,136,000 | 56,094,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,394,000 | 171,353,000 | 163,828,000 | 168,321,000 |
| Interest-bearing deposits | 133,627,000 | 133,973,000 | 126,296,000 | 128,495,000 |
| Noninterest-bearing deposits | 40,767,000 | 37,380,000 | 37,532,000 | 39,826,000 |
| Equity capital | 21,168,000 | 21,014,000 | 20,435,000 | 22,360,000 |
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 | 2,047,000 | 4,170,000 | 6,387,000 | 8,702,000 |
| Interest expense | 286,000 | 724,000 | 1,235,000 | 1,828,000 |
| Net interest income | 1,761,000 | 3,446,000 | 5,152,000 | 6,874,000 |
| Noninterest income | 182,000 | 359,000 | 551,000 | 798,000 |
| Noninterest expense | 1,076,000 | 2,212,000 | 3,299,000 | 4,529,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 876,000 | 1,557,000 | 2,323,000 | 3,017,000 |
| Income tax | 42,000 | 75,000 | 111,000 | 137,000 |
| Net income | 834,000 | 1,482,000 | 2,212,000 | 2,880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,486,000 | 18,711,000 | 19,264,000 | 19,529,000 |
| Total capital | 20,221,000 | 20,479,000 | 21,105,000 | 21,440,000 |
| Risk-weighted assets | 138,809,000 | 141,403,000 | 147,272,000 | 153,102,000 |