Call reports 2020
STATE SAVINGS BANK — 2020
What STATE SAVINGS 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 | 78,564,000 | 77,938,000 | 76,322,000 | 78,723,000 |
| Total loans | 65,893,000 | 67,251,000 | 64,396,000 | 58,499,000 |
| Allowance for loan losses | 846,000 | 996,000 | 996,000 | 995,000 |
| Securities available for sale | 1,905,000 | 868,000 | 1,117,000 | 3,221,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,370,000 | 68,485,000 | 66,509,000 | 69,365,000 |
| Interest-bearing deposits | 57,735,000 | 63,338,000 | 60,539,000 | 60,754,000 |
| Noninterest-bearing deposits | 11,635,000 | 5,147,000 | 5,970,000 | 8,611,000 |
| Equity capital | 8,779,000 | 8,996,000 | 9,238,000 | 8,918,000 |
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 | 851,000 | 1,752,000 | 2,618,000 | 3,381,000 |
| Interest expense | 328,000 | 636,000 | 929,000 | 1,192,000 |
| Net interest income | 523,000 | 1,116,000 | 1,689,000 | 2,189,000 |
| Noninterest income | 20,000 | 73,000 | 83,000 | 96,000 |
| Noninterest expense | 238,000 | 479,000 | 712,000 | 984,000 |
| Provision for loan losses | 235,000 | 385,000 | 385,000 | 385,000 |
| Pretax income | 70,000 | 325,000 | 675,000 | 916,000 |
| Income tax | 17,000 | 60,000 | 167,000 | 227,000 |
| Net income | 53,000 | 265,000 | 508,000 | 689,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,778,000 | 8,991,000 | 9,233,000 | 8,914,000 |
| Total capital | 9,624,000 | 9,902,000 | 10,125,000 | 9,723,000 |
| Risk-weighted assets | 75,181,000 | 72,818,000 | 71,300,000 | 64,548,000 |