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 | 304,948,000 | 342,270,000 | 330,443,000 | 325,321,000 |
| Total loans | 212,585,000 | 247,511,000 | 253,243,000 | 240,265,000 |
| Allowance for loan losses | 2,483,000 | 3,665,000 | 4,011,000 | 1,993,000 |
| Securities available for sale | 43,850,000 | 42,324,000 | 36,664,000 | 40,437,000 |
| Securities held to maturity | 0 | 0 | 4,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,346,000 | 214,317,000 | 213,211,000 | 211,763,000 |
| Interest-bearing deposits | 165,207,000 | 170,226,000 | 171,514,000 | 164,502,000 |
| Noninterest-bearing deposits | 36,139,000 | 44,091,000 | 41,697,000 | 47,261,000 |
| Equity capital | 46,602,000 | 47,731,000 | 48,952,000 | 48,793,000 |
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 | 3,285,000 | 6,885,000 | 9,969,000 | 12,965,000 |
| Interest expense | 960,000 | 1,812,000 | 2,510,000 | 3,151,000 |
| Net interest income | 2,325,000 | 5,073,000 | 7,459,000 | 9,814,000 |
| Noninterest income | 291,000 | 713,000 | 1,043,000 | 1,519,000 |
| Noninterest expense | 1,295,000 | 2,540,000 | 3,969,000 | 5,548,000 |
| Provision for loan losses | 38,000 | 1,214,000 | 1,554,000 | 2,021,000 |
| Pretax income | 1,427,000 | 2,470,000 | 4,249,000 | 5,056,000 |
| Income tax | 326,000 | 873,000 | 1,133,000 | 994,000 |
| Net income | 1,101,000 | 1,597,000 | 3,116,000 | 4,062,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,348,000 | 46,843,000 | 48,362,000 | 48,199,000 |