Call reports 2020
GORHAM STATE BANK — 2020
What GORHAM 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 | 30,055,000 | 31,339,000 | 32,090,000 | 33,388,000 |
| Total loans | 17,722,000 | 19,672,000 | 21,103,000 | 20,185,000 |
| Allowance for loan losses | 266,000 | 266,000 | 267,000 | 267,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 626,000 | 599,000 | 704,000 | 969,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,337,000 | 27,552,000 | 28,248,000 | 29,479,000 |
| Interest-bearing deposits | 18,367,000 | 19,545,000 | 20,345,000 | 21,261,000 |
| Noninterest-bearing deposits | 7,970,000 | 8,007,000 | 7,903,000 | 8,218,000 |
| Equity capital | 3,601,000 | 3,733,000 | 3,786,000 | 3,827,000 |
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 | 267,000 | 595,000 | 856,000 | 1,108,000 |
| Interest expense | 21,000 | 41,000 | 59,000 | 77,000 |
| Net interest income | 246,000 | 554,000 | 797,000 | 1,031,000 |
| Noninterest income | 40,000 | 49,000 | 71,000 | 96,000 |
| Noninterest expense | 184,000 | 343,000 | 528,000 | 771,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 102,000 | 260,000 | 340,000 | 401,000 |
| Income tax | 27,000 | 53,000 | 80,000 | 100,000 |
| Net income | 75,000 | 207,000 | 260,000 | 301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,601,000 | 3,733,000 | 3,786,000 | 3,827,000 |
| Total capital | 3,831,000 | 3,970,000 | 4,038,000 | 4,072,000 |
| Risk-weighted assets | 18,440,000 | 18,934,000 | 20,214,000 | 19,627,000 |