Call reports 2023
SECURITY STATE BANK, THE — 2023
What SECURITY STATE BANK, THE 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 | 67,861,000 | 66,662,000 | 59,531,000 | 59,183,000 |
| Total loans | 14,822,000 | 15,317,000 | 15,233,000 | 14,601,000 |
| Allowance for loan losses | 173,000 | 173,000 | 173,000 | 173,000 |
| Securities available for sale | 20,064,000 | 19,414,000 | 19,128,000 | 19,322,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,246,000 | 57,754,000 | 50,298,000 | 49,566,000 |
| Interest-bearing deposits | 39,863,000 | 39,446,000 | 32,974,000 | 32,830,000 |
| Noninterest-bearing deposits | 19,383,000 | 18,308,000 | 17,324,000 | 16,736,000 |
| Equity capital | 8,236,000 | 8,499,000 | 8,789,000 | 9,232,000 |
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 | 766,000 | 1,498,000 | 2,198,000 | 2,903,000 |
| Interest expense | 81,000 | 175,000 | 274,000 | 379,000 |
| Net interest income | 685,000 | 1,323,000 | 1,924,000 | 2,524,000 |
| Noninterest income | 4,000 | 9,000 | 14,000 | 30,000 |
| Noninterest expense | 216,000 | 452,000 | 687,000 | 1,042,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 473,000 | 880,000 | 1,251,000 | 1,512,000 |
| Income tax | 120,000 | 222,000 | 397,000 | 364,000 |
| Net income | 353,000 | 658,000 | 854,000 | 1,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,633,000 | 8,939,000 | 9,135,000 | 9,429,000 |
| Total capital | 8,806,000 | 9,112,000 | 9,308,000 | 9,602,000 |
| Risk-weighted assets | 25,369,000 | 25,574,000 | 25,006,000 | 24,188,000 |