Call reports 2020
WADENA STATE BANK — 2020
What WADENA 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 | 175,572,000 | 189,163,000 | 210,996,000 | 212,186,000 |
| Total loans | 112,330,000 | 120,796,000 | 124,581,000 | 116,970,000 |
| Allowance for loan losses | 1,067,000 | 1,133,000 | 1,133,000 | 1,011,000 |
| Securities available for sale | 40,946,000 | 41,800,000 | 45,582,000 | 58,401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,006,000 | 168,028,000 | 190,013,000 | 191,053,000 |
| Interest-bearing deposits | 119,176,000 | 127,609,000 | 139,378,000 | 138,084,000 |
| Noninterest-bearing deposits | 36,830,000 | 40,419,000 | 50,635,000 | 52,969,000 |
| Equity capital | 19,194,000 | 20,594,000 | 20,298,000 | 20,934,000 |
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 | 1,977,000 | 4,296,000 | 6,269,000 | 8,300,000 |
| Interest expense | 277,000 | 536,000 | 780,000 | 988,000 |
| Net interest income | 1,700,000 | 3,760,000 | 5,489,000 | 7,312,000 |
| Noninterest income | 131,000 | 318,000 | 445,000 | 576,000 |
| Noninterest expense | 1,068,000 | 2,132,000 | 3,178,000 | 4,594,000 |
| Provision for loan losses | 0 | 66,000 | 66,000 | 166,000 |
| Pretax income | 762,000 | 1,879,000 | 2,686,000 | 3,120,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 760,000 | 1,877,000 | 2,684,000 | 3,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,325,000 | 18,216,000 | 17,787,000 | 18,246,000 |