Call reports 2014
SECURITY STATE BANK, THE — 2014
What SECURITY STATE BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 41,706,000 | 41,448,000 | 39,918,000 | 41,165,000 |
| Total loans | 15,973,000 | 16,484,000 | 17,406,000 | 18,010,000 |
| Allowance for loan losses | 173,000 | 173,000 | 173,000 | 173,000 |
| Securities available for sale | 13,486,000 | 13,603,000 | 13,530,000 | 13,045,000 |
| Securities held to maturity | 87,000 | 87,000 | 87,000 | 87,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,168,000 | 35,729,000 | 34,094,000 | 35,437,000 |
| Interest-bearing deposits | 25,789,000 | 26,282,000 | 25,172,000 | 26,898,000 |
| Noninterest-bearing deposits | 10,379,000 | 9,447,000 | 8,922,000 | 8,539,000 |
| Equity capital | 5,428,000 | 5,516,000 | 5,565,000 | 5,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 314,000 | 625,000 | 960,000 | 1,291,000 |
| Interest expense | 22,000 | 42,000 | 63,000 | 84,000 |
| Net interest income | 292,000 | 583,000 | 897,000 | 1,207,000 |
| Noninterest income | 15,000 | 28,000 | 41,000 | 76,000 |
| Noninterest expense | 217,000 | 430,000 | 642,000 | 932,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 181,000 | 321,000 | 347,000 |
| Income tax | 28,000 | 58,000 | 107,000 | 108,000 |
| Net income | 62,000 | 123,000 | 214,000 | 239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,389,000 | 5,451,000 | 5,538,000 | 5,580,000 |
| Total capital | 5,562,000 | 5,624,000 | 5,711,000 | 5,753,000 |
| Risk-weighted assets | 24,156,000 | 24,625,000 | 25,710,000 | 25,894,000 |