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 | 89,956,000 | 81,368,000 | 78,761,000 | 83,237,000 |
| Total loans | 37,895,000 | 40,655,000 | 41,975,000 | 42,030,000 |
| Allowance for loan losses | 343,000 | 344,000 | 328,000 | 292,000 |
| Securities available for sale | 36,547,000 | 35,013,000 | 32,136,000 | 30,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,215,000 | 63,216,000 | 55,313,000 | 62,881,000 |
| Interest-bearing deposits | 59,294,000 | 51,421,000 | 44,500,000 | 50,036,000 |
| Noninterest-bearing deposits | 12,921,000 | 11,795,000 | 10,813,000 | 12,845,000 |
| Equity capital | 9,026,000 | 9,404,000 | 9,297,000 | 8,651,000 |
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 | 703,000 | 1,416,000 | 2,130,000 | 2,834,000 |
| Interest expense | 89,000 | 186,000 | 284,000 | 393,000 |
| Net interest income | 614,000 | 1,230,000 | 1,846,000 | 2,441,000 |
| Noninterest income | 47,000 | 88,000 | 122,000 | 154,000 |
| Noninterest expense | 371,000 | 728,000 | 1,127,000 | 1,514,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 290,000 | 590,000 | 841,000 | 1,081,000 |
| Income tax | 13,000 | 26,000 | 38,000 | 56,000 |
| Net income | 277,000 | 564,000 | 803,000 | 1,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,187,000 | 8,325,000 | 8,413,000 | 8,485,000 |
| Total capital | 8,530,000 | 8,669,000 | 8,741,000 | 8,777,000 |
| Risk-weighted assets | 50,816,000 | 52,497,000 | 53,374,000 | 52,896,000 |