Call reports 2020
GLASFORD STATE BANK — 2020
What GLASFORD 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 | 47,638,000 | 54,871,000 | 53,920,000 | 51,226,000 |
| Total loans | 21,083,000 | 21,195,000 | 21,027,000 | 20,157,000 |
| Allowance for loan losses | 174,000 | 194,000 | 221,000 | 257,000 |
| Securities available for sale | 15,235,000 | 15,473,000 | 17,513,000 | 18,898,000 |
| Securities held to maturity | 760,000 | 708,000 | 706,000 | 150,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,700,000 | 46,586,000 | 45,502,000 | 46,760,000 |
| Interest-bearing deposits | 39,187,000 | 40,861,000 | 40,823,000 | 40,868,000 |
| Noninterest-bearing deposits | 4,513,000 | 5,725,000 | 4,679,000 | 5,892,000 |
| Equity capital | 3,879,000 | 4,187,000 | 4,291,000 | 4,345,000 |
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 | 400,000 | 770,000 | 1,127,000 | 1,482,000 |
| Interest expense | 53,000 | 102,000 | 142,000 | 180,000 |
| Net interest income | 347,000 | 668,000 | 985,000 | 1,302,000 |
| Noninterest income | 62,000 | 110,000 | 186,000 | 265,000 |
| Noninterest expense | 303,000 | 586,000 | 879,000 | 1,204,000 |
| Provision for loan losses | 14,000 | 35,000 | 62,000 | 87,000 |
| Pretax income | 92,000 | 157,000 | 230,000 | 276,000 |
| Income tax | 3,000 | 3,000 | 2,000 | 3,000 |
| Net income | 89,000 | 154,000 | 228,000 | 273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,645,000 | 3,709,000 | 3,783,000 | 3,828,000 |
| Total capital | 3,819,000 | 3,903,000 | 4,004,000 | 4,073,000 |
| Risk-weighted assets | 21,015,000 | 19,813,000 | 19,817,000 | 19,622,000 |