Call reports 2022
SECURITY STATE BANK — 2022
What SECURITY STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 383,782,000 | 366,886,000 | 374,991,000 | 374,384,000 |
| Total loans | 287,112,000 | 275,475,000 | 279,690,000 | 278,237,000 |
| Allowance for loan losses | 3,483,000 | 3,484,000 | 3,487,000 | 3,811,000 |
| Securities available for sale | 52,993,000 | 54,979,000 | 59,674,000 | 59,050,000 |
| Securities held to maturity | 12,150,000 | 13,422,000 | 13,410,000 | 13,409,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 271,628,000 | 262,659,000 | 254,302,000 | 259,905,000 |
| Interest-bearing deposits | 216,028,000 | 211,750,000 | 202,693,000 | 197,693,000 |
| Noninterest-bearing deposits | 55,600,000 | 50,909,000 | 51,609,000 | 62,212,000 |
| Equity capital | 50,202,000 | 50,307,000 | 50,533,000 | 49,587,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,256,000 | 6,804,000 | 10,855,000 | 15,626,000 |
| Interest expense | 508,000 | 1,095,000 | 1,966,000 | 3,359,000 |
| Net interest income | 2,748,000 | 5,709,000 | 8,889,000 | 12,267,000 |
| Noninterest income | 440,000 | 848,000 | 1,133,000 | 1,437,000 |
| Noninterest expense | 1,507,000 | 3,095,000 | 4,694,000 | 6,448,000 |
| Provision for loan losses | 0 | 0 | 0 | 337,000 |
| Pretax income | 1,619,000 | 3,398,000 | 5,265,000 | 6,866,000 |
| Income tax | 378,000 | 805,000 | 1,235,000 | 1,461,000 |
| Net income | 1,241,000 | 2,593,000 | 4,030,000 | 5,405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,110,000 | 53,441,000 | 54,877,000 | 53,651,000 |