Call reports 2021
SECURITY STATE BANK, THE — 2021
What SECURITY STATE BANK, THE 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 | 60,739,000 | 61,958,000 | 60,016,000 | 61,138,000 |
| Total loans | 17,447,000 | 15,591,000 | 16,270,000 | 16,851,000 |
| Allowance for loan losses | 173,000 | 173,000 | 173,000 | 173,000 |
| Securities available for sale | 2,209,000 | 2,166,000 | 2,161,000 | 3,117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,126,000 | 54,264,000 | 52,292,000 | 53,331,000 |
| Interest-bearing deposits | 39,323,000 | 40,311,000 | 37,383,000 | 37,791,000 |
| Noninterest-bearing deposits | 13,803,000 | 13,953,000 | 14,909,000 | 15,540,000 |
| Equity capital | 7,469,000 | 7,531,000 | 7,574,000 | 7,674,000 |
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 | 340,000 | 654,000 | 979,000 | 1,381,000 |
| Interest expense | 51,000 | 91,000 | 126,000 | 156,000 |
| Net interest income | 289,000 | 563,000 | 853,000 | 1,225,000 |
| Noninterest income | 6,000 | 9,000 | 16,000 | 32,000 |
| Noninterest expense | 227,000 | 434,000 | 657,000 | 893,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 70,000 | 140,000 | 214,000 | 366,000 |
| Income tax | 25,000 | 33,000 | 64,000 | 103,000 |
| Net income | 45,000 | 107,000 | 150,000 | 263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,463,000 | 7,525,000 | 7,568,000 | 7,681,000 |
| Total capital | 7,636,000 | 7,698,000 | 7,741,000 | 7,854,000 |
| Risk-weighted assets | 21,097,000 | 20,373,000 | 20,942,000 | 21,288,000 |