Call reports 2021
SECURITY STATE BANK — 2021
What SECURITY STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 307,517,000 | 343,372,000 | 351,783,000 | 371,932,000 |
| Total loans | 242,640,000 | 256,301,000 | 267,515,000 | 283,292,000 |
| Allowance for loan losses | 2,035,000 | 2,072,000 | 3,162,000 | 3,481,000 |
| Securities available for sale | 39,429,000 | 46,713,000 | 48,214,000 | 48,702,000 |
| Securities held to maturity | 5,250,000 | 9,125,000 | 9,625,000 | 10,650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 196,157,000 | 228,568,000 | 242,049,000 | 260,952,000 |
| Interest-bearing deposits | 151,103,000 | 187,884,000 | 199,114,000 | 209,053,000 |
| Noninterest-bearing deposits | 45,054,000 | 40,684,000 | 42,935,000 | 51,899,000 |
| Equity capital | 49,620,000 | 50,946,000 | 51,844,000 | 50,902,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,953,000 | 6,386,000 | 9,779,000 | 13,328,000 |
| Interest expense | 543,000 | 1,093,000 | 1,591,000 | 2,068,000 |
| Net interest income | 2,410,000 | 5,293,000 | 8,188,000 | 11,260,000 |
| Noninterest income | 388,000 | 754,000 | 1,065,000 | 1,361,000 |
| Noninterest expense | 1,467,000 | 2,942,000 | 4,386,000 | 5,997,000 |
| Provision for loan losses | 38,000 | 75,000 | 113,000 | 430,000 |
| Pretax income | 1,289,000 | 3,039,000 | 4,765,000 | 6,223,000 |
| Income tax | 296,000 | 715,000 | 1,126,000 | 1,419,000 |
| Net income | 993,000 | 2,324,000 | 3,639,000 | 4,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,192,000 | 50,523,000 | 51,478,000 | 50,847,000 |