Call reports 2021
GLASFORD STATE BANK — 2021
What GLASFORD STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 55,077,000 | 53,961,000 | 60,720,000 | 61,311,000 |
| Total loans | 19,925,000 | 19,669,000 | 19,839,000 | 19,391,000 |
| Allowance for loan losses | 277,000 | 270,000 | 268,000 | 238,000 |
| Securities available for sale | 19,987,000 | 23,199,000 | 27,037,000 | 31,515,000 |
| Securities held to maturity | 150,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,733,000 | 49,503,000 | 56,215,000 | 56,985,000 |
| Interest-bearing deposits | 43,231,000 | 42,046,000 | 48,190,000 | 48,780,000 |
| Noninterest-bearing deposits | 7,502,000 | 7,457,000 | 8,025,000 | 8,205,000 |
| Equity capital | 4,245,000 | 4,319,000 | 4,349,000 | 4,196,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 343,000 | 709,000 | 1,092,000 | 1,486,000 |
| Interest expense | 25,000 | 48,000 | 73,000 | 97,000 |
| Net interest income | 318,000 | 661,000 | 1,019,000 | 1,389,000 |
| Noninterest income | 67,000 | 144,000 | 202,000 | 273,000 |
| Noninterest expense | 314,000 | 645,000 | 966,000 | 1,355,000 |
| Provision for loan losses | 20,000 | 34,000 | 34,000 | 34,000 |
| Pretax income | 51,000 | 126,000 | 221,000 | 273,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 13,000 |
| Net income | 46,000 | 121,000 | 216,000 | 260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,875,000 | 3,949,000 | 4,044,000 | 4,088,000 |
| Total capital | 4,114,000 | 4,194,000 | 4,301,000 | 4,325,000 |
| Risk-weighted assets | 19,109,000 | 19,653,000 | 20,563,000 | 20,364,000 |