PARAMOUNT BANK has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : SUPERIOR BANK 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $1,471,165 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,254,966 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,207,300 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $374,385 |
| Value of total assets at end of year | 2023-12-31 | $6,926,385 |
| Value of total assets at beginning of year | 2023-12-31 | $6,710,186 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $47,666 |
| Total interest from all sources | 2023-12-31 | $11,309 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $191,221 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $191,221 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $2,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $255,526 |
| Participant contributions at end of year | 2023-12-31 | $158,678 |
| Participant contributions at beginning of year | 2023-12-31 | $141,965 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $5,180 |
| Total non interest bearing cash at end of year | 2023-12-31 | $23,517 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $27,885 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $216,199 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $6,926,385 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $6,710,186 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $19,880 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $6,677,675 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $6,408,481 |
| Interest on participant loans | 2023-12-31 | $11,309 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $61,350 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $125,669 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $891,882 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $2,368 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $113,679 |
| Employer contributions (assets) at end of year | 2023-12-31 | $5,165 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $6,186 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,207,300 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | ARMANINO LLP |
| Accountancy firm EIN | 2023-12-31 | 946214841 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $1,471,165 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,254,966 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,207,300 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $374,385 |
| Value of total assets at end of year | 2023-01-01 | $6,926,385 |
| Value of total assets at beginning of year | 2023-01-01 | $6,710,186 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $47,666 |
| Total interest from all sources | 2023-01-01 | $11,309 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $191,221 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $191,221 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $2,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $255,526 |
| Participant contributions at end of year | 2023-01-01 | $158,678 |
| Participant contributions at beginning of year | 2023-01-01 | $141,965 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $5,180 |
| Total non interest bearing cash at end of year | 2023-01-01 | $23,517 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $27,885 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $216,199 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $6,926,385 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $6,710,186 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $19,880 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $6,677,675 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $6,408,481 |
| Interest on participant loans | 2023-01-01 | $11,309 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $61,350 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $125,669 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $891,882 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $2,368 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $113,679 |
| Employer contributions (assets) at end of year | 2023-01-01 | $5,165 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $6,186 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,207,300 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | ARMANINO LLP |
| Accountancy firm EIN | 2023-01-01 | 946214841 |
| 2022 : SUPERIOR BANK 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-397,807 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $741,364 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $693,860 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $918,473 |
| Value of total assets at end of year | 2022-12-31 | $6,710,186 |
| Value of total assets at beginning of year | 2022-12-31 | $7,849,357 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $47,504 |
| Total interest from all sources | 2022-12-31 | $6,141 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $160,005 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $160,005 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $510,722 |
| Participant contributions at end of year | 2022-12-31 | $141,965 |
| Participant contributions at beginning of year | 2022-12-31 | $124,450 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $150,815 |
| Administrative expenses (other) incurred | 2022-12-31 | $26,747 |
| Total non interest bearing cash at end of year | 2022-12-31 | $27,885 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,139,171 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,710,186 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,849,357 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $20,757 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,408,481 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $7,593,522 |
| Interest on participant loans | 2022-12-31 | $6,141 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $125,669 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $131,385 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,484,269 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $1,843 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $256,936 |
| Employer contributions (assets) at end of year | 2022-12-31 | $6,186 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $693,860 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | ARMANINO LLP |
| Accountancy firm EIN | 2022-12-31 | 946214841 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-397,807 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $741,364 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $693,860 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $918,473 |
| Value of total assets at end of year | 2022-01-01 | $6,710,186 |
| Value of total assets at beginning of year | 2022-01-01 | $7,849,357 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $47,504 |
| Total interest from all sources | 2022-01-01 | $6,141 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $160,005 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $160,005 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $510,722 |
| Participant contributions at end of year | 2022-01-01 | $141,965 |
| Participant contributions at beginning of year | 2022-01-01 | $124,450 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $150,815 |
| Administrative expenses (other) incurred | 2022-01-01 | $26,747 |
| Total non interest bearing cash at end of year | 2022-01-01 | $27,885 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,139,171 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $6,710,186 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $7,849,357 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $20,757 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $6,408,481 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $7,593,522 |
| Interest on participant loans | 2022-01-01 | $6,141 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $125,669 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $131,385 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,484,269 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $1,843 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $256,936 |
| Employer contributions (assets) at end of year | 2022-01-01 | $6,186 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $693,860 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | ARMANINO LLP |
| Accountancy firm EIN | 2022-01-01 | 946214841 |
| 2021 : SUPERIOR BANK 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,864,510 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,259,196 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,210,911 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,941,280 |
| Value of total assets at end of year | 2021-12-31 | $7,849,357 |
| Value of total assets at beginning of year | 2021-12-31 | $6,244,043 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $48,285 |
| Total interest from all sources | 2021-12-31 | $8,842 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $211,467 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $211,467 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,162,897 |
| Participant contributions at end of year | 2021-12-31 | $124,450 |
| Participant contributions at beginning of year | 2021-12-31 | $130,633 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $182,926 |
| Administrative expenses (other) incurred | 2021-12-31 | $28,119 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,605,314 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $7,849,357 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,244,043 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $20,166 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $7,593,522 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,113,410 |
| Interest on participant loans | 2021-12-31 | $8,842 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $131,385 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $702,185 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $736 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $595,457 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,210,911 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | ARMANINO LLP |
| Accountancy firm EIN | 2021-12-31 | 946214841 |
| 2020 : SUPERIOR BANK 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,590,698 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,319,502 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,221,169 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $22,595 |
| Value of total corrective distributions | 2020-12-31 | $7,492 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,594,043 |
| Value of total assets at end of year | 2020-12-31 | $6,244,043 |
| Value of total assets at beginning of year | 2020-12-31 | $4,972,847 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $68,246 |
| Total interest from all sources | 2020-12-31 | $8,469 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $68,246 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $853,233 |
| Participant contributions at end of year | 2020-12-31 | $130,633 |
| Participant contributions at beginning of year | 2020-12-31 | $136,344 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $188,125 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,271,196 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,244,043 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,972,847 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $6,113,410 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $4,836,503 |
| Interest on participant loans | 2020-12-31 | $8,469 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $988,186 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $552,685 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,221,169 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | ARMANINO LLP |
| Accountancy firm EIN | 2020-12-31 | 946214841 |
| 2008 : SUPERIOR BANK 401(K) PLAN 2008 401k financial data |
|---|
| Total income from all sources | 2008-12-31 | $-100,284 |
| Expenses. Total of all expenses incurred | 2008-12-31 | $17,099 |
| Benefits paid (including direct rollovers) | 2008-12-31 | $17,099 |
| Total plan assets at end of year | 2008-12-31 | $300,014 |
| Total plan assets at beginning of year | 2008-12-31 | $417,397 |
| Value of fidelity bond covering the plan | 2008-12-31 | $33,000 |
| Total contributions received or receivable from participants | 2008-12-31 | $21,975 |
| Contributions received from other sources (not participants or employers) | 2008-12-31 | $0 |
| Other income received | 2008-12-31 | $-135,278 |
| Noncash contributions received | 2008-12-31 | $0 |
| Net income (gross income less expenses) | 2008-12-31 | $-117,383 |
| Net plan assets at end of year (total assets less liabilities) | 2008-12-31 | $300,014 |
| Net plan assets at beginning of year (total assets less liabilities) | 2008-12-31 | $417,397 |
| Assets. Value of participant loans | 2008-12-31 | $13,045 |
| Total contributions received or receivable from employer(s) | 2008-12-31 | $13,019 |
| 2007 : SUPERIOR BANK 401(K) PLAN 2007 401k financial data |
|---|
| Total income from all sources | 2007-12-31 | $91,774 |
| Expenses. Total of all expenses incurred | 2007-12-31 | $3,580 |
| Benefits paid (including direct rollovers) | 2007-12-31 | $3,580 |
| Total plan assets at end of year | 2007-12-31 | $417,397 |
| Total plan assets at beginning of year | 2007-12-31 | $329,203 |
| Value of fidelity bond covering the plan | 2007-12-31 | $33,000 |
| Total contributions received or receivable from participants | 2007-12-31 | $18,493 |
| Contributions received from other sources (not participants or employers) | 2007-12-31 | $33,505 |
| Other income received | 2007-12-31 | $28,166 |
| Net income (gross income less expenses) | 2007-12-31 | $88,194 |
| Net plan assets at end of year (total assets less liabilities) | 2007-12-31 | $417,397 |
| Net plan assets at beginning of year (total assets less liabilities) | 2007-12-31 | $329,203 |
| Assets. Value of participant loans | 2007-12-31 | $15,871 |
| Total contributions received or receivable from employer(s) | 2007-12-31 | $11,610 |
| 2006 : SUPERIOR BANK 401(K) PLAN 2006 401k financial data |
|---|
| Total income from all sources | 2006-12-31 | $316,940 |
| Expenses. Total of all expenses incurred | 2006-12-31 | $27,424 |
| Benefits paid (including direct rollovers) | 2006-12-31 | $27,424 |
| Total plan assets at end of year | 2006-12-31 | $329,203 |
| Total plan assets at beginning of year | 2006-12-31 | $39,687 |
| Value of fidelity bond covering the plan | 2006-12-31 | $4,000 |
| Total contributions received or receivable from participants | 2006-12-31 | $21,747 |
| Contributions received from other sources (not participants or employers) | 2006-12-31 | $253,101 |
| Other income received | 2006-12-31 | $33,697 |
| Net income (gross income less expenses) | 2006-12-31 | $289,516 |
| Net plan assets at end of year (total assets less liabilities) | 2006-12-31 | $329,203 |
| Net plan assets at beginning of year (total assets less liabilities) | 2006-12-31 | $39,687 |
| Assets. Value of participant loans | 2006-12-31 | $1,434 |
| Total contributions received or receivable from employer(s) | 2006-12-31 | $8,395 |