Call reports 2020
SECURITY STATE BANK, THE — 2020
What SECURITY STATE BANK, THE 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 | 50,427,000 | 53,191,000 | 56,129,000 | 59,486,000 |
| Total loans | 19,499,000 | 21,068,000 | 21,164,000 | 19,067,000 |
| Allowance for loan losses | 173,000 | 173,000 | 173,000 | 173,000 |
| Securities available for sale | 370,000 | 347,000 | 348,000 | 789,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,922,000 | 45,559,000 | 48,355,000 | 51,826,000 |
| Interest-bearing deposits | 32,835,000 | 34,998,000 | 36,664,000 | 39,057,000 |
| Noninterest-bearing deposits | 10,087,000 | 10,561,000 | 11,691,000 | 12,769,000 |
| Equity capital | 7,253,000 | 7,357,000 | 7,426,000 | 7,511,000 |
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 | 461,000 | 890,000 | 1,314,000 | 1,700,000 |
| Interest expense | 88,000 | 171,000 | 250,000 | 321,000 |
| Net interest income | 373,000 | 719,000 | 1,064,000 | 1,379,000 |
| Noninterest income | 7,000 | 11,000 | 16,000 | 31,000 |
| Noninterest expense | 240,000 | 459,000 | 685,000 | 939,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 140,000 | 271,000 | 395,000 | 471,000 |
| Income tax | 35,000 | 67,000 | 123,000 | 112,000 |
| Net income | 105,000 | 204,000 | 272,000 | 359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,244,000 | 7,343,000 | 7,411,000 | 7,498,000 |
| Total capital | 7,417,000 | 7,516,000 | 7,584,000 | 7,671,000 |
| Risk-weighted assets | 24,709,000 | 26,267,000 | 26,020,000 | 23,713,000 |