Call reports 2020
SPRINGFIELD STATE BANK — 2020
What SPRINGFIELD 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 | 56,798,000 | 66,297,000 | 77,316,000 | 66,902,000 |
| Total loans | 23,767,000 | 24,391,000 | 24,699,000 | 25,077,000 |
| Allowance for loan losses | 418,000 | 434,000 | 444,000 | 474,000 |
| Securities available for sale | 8,943,000 | 8,155,000 | 20,892,000 | 22,567,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,358,000 | 59,596,000 | 70,469,000 | 60,038,000 |
| Interest-bearing deposits | 29,591,000 | 35,789,000 | 47,890,000 | 40,343,000 |
| Noninterest-bearing deposits | 20,767,000 | 23,807,000 | 22,579,000 | 19,695,000 |
| Equity capital | 6,365,000 | 6,582,000 | 6,698,000 | 6,820,000 |
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 | 472,000 | 884,000 | 1,285,000 | 1,668,000 |
| Interest expense | 19,000 | 39,000 | 53,000 | 65,000 |
| Net interest income | 453,000 | 845,000 | 1,232,000 | 1,603,000 |
| Noninterest income | 35,000 | 55,000 | 77,000 | 98,000 |
| Noninterest expense | 300,000 | 587,000 | 878,000 | 1,160,000 |
| Provision for loan losses | 6,000 | 18,000 | 30,000 | 60,000 |
| Pretax income | 182,000 | 299,000 | 412,000 | 493,000 |
| Income tax | 6,000 | 12,000 | 18,000 | 18,000 |
| Net income | 176,000 | 287,000 | 394,000 | 475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,361,000 | 6,474,000 | 6,580,000 | 6,661,000 |
| Total capital | — | 6,784,000 | — | — |
| Risk-weighted assets | — | 24,700,000 | — | — |