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 | 28,871,000 | 21,922,000 | 21,977,000 | 21,509,000 |
| Total loans | 4,388,000 | 4,160,000 | 4,126,000 | 4,260,000 |
| Allowance for loan losses | 50,000 | 60,000 | 60,000 | 61,000 |
| Securities available for sale | 110,000 | 7,892,000 | 7,655,000 | 5,755,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,542,000 | 9,971,000 | 10,377,000 | 12,078,000 |
| Interest-bearing deposits | 8,217,000 | 7,567,000 | 8,308,000 | 10,059,000 |
| Noninterest-bearing deposits | 2,325,000 | 2,404,000 | 2,069,000 | 2,019,000 |
| Equity capital | 16,686,000 | 10,500,000 | 10,265,000 | 8,360,000 |
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 | 474,000 | 578,000 | 742,000 | 940,000 |
| Interest expense | 56,000 | 66,000 | 76,000 | 91,000 |
| Net interest income | 418,000 | 512,000 | 666,000 | 849,000 |
| Noninterest income | 5,953,000 | 5,955,000 | 5,958,000 | 5,963,000 |
| Noninterest expense | 538,000 | 708,000 | 873,000 | 1,081,000 |
| Provision for loan losses | 50,000 | 60,000 | 60,000 | 60,000 |
| Pretax income | 5,783,000 | 5,699,000 | 5,691,000 | 5,580,000 |
| Income tax | 300,000 | 300,000 | 301,000 | 281,000 |
| Net income | 5,483,000 | 5,399,000 | 5,390,000 | 5,299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,686,000 | 10,602,000 | 10,593,000 | 8,593,000 |