Call reports 2020
FIRST STATE BANK OF FORSYTH — 2020
What FIRST STATE BANK OF FORSYTH 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 | 121,649,000 | 131,786,000 | 138,767,000 | 156,800,000 |
| Total loans | 67,014,000 | 68,748,000 | 66,116,000 | 60,440,000 |
| Allowance for loan losses | 1,655,000 | 1,788,000 | 1,620,000 | 1,438,000 |
| Securities available for sale | 45,773,000 | 52,462,000 | 57,252,000 | 74,361,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,389,000 | 111,089,000 | 115,495,000 | 133,086,000 |
| Interest-bearing deposits | 87,716,000 | 90,985,000 | 94,487,000 | 105,173,000 |
| Noninterest-bearing deposits | 13,673,000 | 20,104,000 | 21,008,000 | 27,913,000 |
| Equity capital | 16,320,000 | 16,586,000 | 16,974,000 | 17,361,000 |
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 | 1,302,000 | 2,519,000 | 3,859,000 | 5,040,000 |
| Interest expense | 178,000 | 343,000 | 503,000 | 653,000 |
| Net interest income | 1,124,000 | 2,176,000 | 3,356,000 | 4,387,000 |
| Noninterest income | 59,000 | 105,000 | 139,000 | 176,000 |
| Noninterest expense | 522,000 | 1,087,000 | 1,685,000 | 2,272,000 |
| Provision for loan losses | 100,000 | 230,000 | 370,000 | 480,000 |
| Pretax income | 565,000 | 995,000 | 1,478,000 | 1,849,000 |
| Income tax | 97,000 | 195,000 | 302,000 | 353,000 |
| Net income | 468,000 | 800,000 | 1,176,000 | 1,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,973,000 | 15,306,000 | 15,532,000 | 15,739,000 |