Call reports 2016
SECURITY STATE BANK — 2016
What SECURITY STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 503,472,000 | 521,530,000 | 534,408,000 | 560,959,000 |
| Total loans | 264,343,000 | 273,744,000 | 281,776,000 | 297,715,000 |
| Allowance for loan losses | 674,000 | 702,000 | 723,000 | 735,000 |
| Securities available for sale | 186,576,000 | 202,239,000 | 207,470,000 | 207,650,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 444,593,000 | 449,192,000 | 437,905,000 | 454,222,000 |
| Interest-bearing deposits | 355,012,000 | 364,985,000 | 351,626,000 | 369,903,000 |
| Noninterest-bearing deposits | 89,581,000 | 84,207,000 | 86,279,000 | 84,319,000 |
| Equity capital | 54,917,000 | 57,305,000 | 58,756,000 | 53,090,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,408,000 | 8,837,000 | 13,423,000 | 18,174,000 |
| Interest expense | 267,000 | 573,000 | 907,000 | 1,272,000 |
| Net interest income | 4,141,000 | 8,264,000 | 12,516,000 | 16,902,000 |
| Noninterest income | 482,000 | 978,000 | 1,575,000 | 2,082,000 |
| Noninterest expense | 2,595,000 | 5,228,000 | 7,931,000 | 10,536,000 |
| Provision for loan losses | 0 | 26,000 | 51,000 | 77,000 |
| Pretax income | 2,028,000 | 4,141,000 | 6,272,000 | 8,534,000 |
| Income tax | 581,000 | 1,108,000 | 1,634,000 | 2,233,000 |
| Net income | 1,447,000 | 3,033,000 | 4,638,000 | 6,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,849,000 | 52,435,000 | 54,040,000 | 53,204,000 |
| Total capital | 51,523,000 | 53,137,000 | 54,763,000 | 53,939,000 |
| Risk-weighted assets | 340,956,000 | 356,399,000 | 367,325,000 | 392,279,000 |