Call reports 2024
SECURITY SAVINGS BANK — 2024
What SECURITY SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 197,950,000 | 192,427,000 | 192,413,000 | 188,654,000 |
| Total loans | 128,568,000 | 128,375,000 | 130,966,000 | 129,269,000 |
| Allowance for loan losses | 1,894,000 | 1,995,000 | 2,050,000 | 2,097,000 |
| Securities available for sale | 52,086,000 | 44,598,000 | 44,126,000 | 41,846,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,987,000 | 166,276,000 | 155,629,000 | 160,542,000 |
| Interest-bearing deposits | 127,965,000 | 128,622,000 | 121,763,000 | 125,624,000 |
| Noninterest-bearing deposits | 38,022,000 | 37,654,000 | 33,866,000 | 34,918,000 |
| Equity capital | 22,575,000 | 22,681,000 | 24,233,000 | 23,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,326,000 | 4,715,000 | 7,098,000 | 9,512,000 |
| Interest expense | 615,000 | 1,248,000 | 1,855,000 | 2,426,000 |
| Net interest income | 1,711,000 | 3,467,000 | 5,243,000 | 7,086,000 |
| Noninterest income | 190,000 | 380,000 | 590,000 | 848,000 |
| Noninterest expense | 1,152,000 | 2,280,000 | 3,401,000 | 4,607,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 750,000 | 1,523,000 | 2,343,000 | 3,193,000 |
| Income tax | 33,000 | 67,000 | 104,000 | 142,000 |
| Net income | 717,000 | 1,456,000 | 2,239,000 | 3,051,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,004,000 | 20,328,000 | 20,904,000 | 21,232,000 |
| Total capital | 21,891,000 | 22,175,000 | 22,794,000 | 23,121,000 |
| Risk-weighted assets | 150,934,000 | 147,623,000 | 151,093,000 | 150,949,000 |