Call reports 2020
SECURITY STATE BANK — 2020
What SECURITY STATE BANK 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 | 681,317,000 | 707,245,000 | 690,149,000 | 716,981,000 |
| Total loans | 387,019,000 | 397,825,000 | 394,172,000 | 397,242,000 |
| Allowance for loan losses | 1,804,000 | 2,591,000 | 2,554,000 | 2,695,000 |
| Securities available for sale | 203,753,000 | 220,288,000 | 226,428,000 | 230,675,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 595,925,000 | 612,526,000 | 591,956,000 | 620,531,000 |
| Interest-bearing deposits | 495,631,000 | 491,264,000 | 474,600,000 | 503,857,000 |
| Noninterest-bearing deposits | 100,294,000 | 121,262,000 | 117,356,000 | 116,674,000 |
| Equity capital | 83,980,000 | 92,030,000 | 94,671,000 | 94,334,000 |
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 | 6,088,000 | 12,383,000 | 17,668,000 | 23,508,000 |
| Interest expense | 1,383,000 | 2,421,000 | 3,183,000 | 3,844,000 |
| Net interest income | 4,705,000 | 9,962,000 | 14,485,000 | 19,664,000 |
| Noninterest income | 504,000 | 953,000 | 1,619,000 | 2,105,000 |
| Noninterest expense | 2,870,000 | 5,750,000 | 8,401,000 | 11,041,000 |
| Provision for loan losses | 180,000 | 990,000 | 990,000 | 1,140,000 |
| Pretax income | 2,159,000 | 4,175,000 | 6,713,000 | 9,588,000 |
| Income tax | 367,000 | 694,000 | 1,122,000 | 1,589,000 |
| Net income | 1,792,000 | 3,481,000 | 5,591,000 | 7,999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,976,000 | 84,665,000 | 86,775,000 | 86,184,000 |