Call reports 2024
SECURITY BANK — 2024
What SECURITY 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 | 211,549,000 | 208,726,000 | 212,466,000 | 215,123,000 |
| Total loans | 68,874,000 | 72,487,000 | 79,518,000 | 80,583,000 |
| Allowance for loan losses | 1,185,000 | 1,185,000 | 1,182,000 | 1,181,000 |
| Securities available for sale | 111,934,000 | 107,358,000 | 105,719,000 | 102,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,603,000 | 179,180,000 | 179,995,000 | 188,662,000 |
| Interest-bearing deposits | 143,314,000 | 143,598,000 | 143,382,000 | 155,300,000 |
| Noninterest-bearing deposits | 38,289,000 | 35,582,000 | 36,613,000 | 33,362,000 |
| Equity capital | 19,086,000 | 19,112,000 | 20,913,000 | 19,385,000 |
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 | 1,948,000 | 3,909,000 | 5,990,000 | 8,168,000 |
| Interest expense | 552,000 | 1,133,000 | 1,829,000 | 2,622,000 |
| Net interest income | 1,396,000 | 2,776,000 | 4,161,000 | 5,546,000 |
| Noninterest income | 920,000 | 1,881,000 | 2,849,000 | 3,823,000 |
| Noninterest expense | 2,076,000 | 4,152,000 | 6,247,000 | 8,306,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 183,000 | 448,000 | 706,000 | 1,006,000 |
| Income tax | 12,000 | 49,000 | 89,000 | 145,000 |
| Net income | 171,000 | 399,000 | 617,000 | 861,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,067,000 | 23,295,000 | 23,513,000 | 23,057,000 |
| Total capital | 24,252,000 | 24,480,000 | 24,695,000 | 24,239,000 |
| Risk-weighted assets | 153,331,000 | 152,021,000 | 157,294,000 | 153,077,000 |