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 | 93,110,000 | 87,478,000 | 86,615,000 | 102,473,000 |
| Total loans | 38,961,000 | 39,816,000 | 39,544,000 | 34,195,000 |
| Allowance for loan losses | 257,000 | 282,000 | 290,000 | 290,000 |
| Securities available for sale | 34,049,000 | 34,939,000 | 34,432,000 | 42,322,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,988,000 | 67,660,000 | 66,800,000 | 74,273,000 |
| Interest-bearing deposits | 54,550,000 | 52,881,000 | 53,268,000 | 57,233,000 |
| Noninterest-bearing deposits | 16,437,000 | 14,779,000 | 13,532,000 | 17,040,000 |
| Equity capital | 10,378,000 | 11,041,000 | 11,056,000 | 10,980,000 |
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 | 780,000 | 1,496,000 | 2,183,000 | 2,869,000 |
| Interest expense | 169,000 | 309,000 | 419,000 | 534,000 |
| Net interest income | 611,000 | 1,187,000 | 1,764,000 | 2,335,000 |
| Noninterest income | 30,000 | 44,000 | 77,000 | 108,000 |
| Noninterest expense | 323,000 | 670,000 | 1,026,000 | 1,420,000 |
| Provision for loan losses | 0 | 25,000 | 40,000 | 40,000 |
| Pretax income | 318,000 | 535,000 | 774,000 | 982,000 |
| Income tax | 11,000 | 22,000 | 34,000 | 46,000 |
| Net income | 307,000 | 513,000 | 740,000 | 936,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,300,000 | 10,407,000 | 10,433,000 | 10,529,000 |