Call reports 2021
GORHAM STATE BANK — 2021
What GORHAM 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 | 36,775,000 | 36,317,000 | 37,906,000 | 37,616,000 |
| Total loans | 20,337,000 | 21,591,000 | 21,701,000 | 19,518,000 |
| Allowance for loan losses | 250,000 | 251,000 | 267,000 | 282,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 966,000 | 935,000 | 932,000 | 929,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,807,000 | 32,253,000 | 33,736,000 | 33,392,000 |
| Interest-bearing deposits | 23,531,000 | 22,547,000 | 23,189,000 | 22,826,000 |
| Noninterest-bearing deposits | 9,276,000 | 9,706,000 | 10,547,000 | 10,566,000 |
| Equity capital | 3,885,000 | 3,985,000 | 4,091,000 | 4,096,000 |
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 | 273,000 | 564,000 | 872,000 | 1,188,000 |
| Interest expense | 16,000 | 29,000 | 41,000 | 51,000 |
| Net interest income | 257,000 | 535,000 | 831,000 | 1,137,000 |
| Noninterest income | 26,000 | 56,000 | 83,000 | 110,000 |
| Noninterest expense | 210,000 | 397,000 | 583,000 | 827,000 |
| Provision for loan losses | 0 | 5,000 | 20,000 | 35,000 |
| Pretax income | 75,000 | 192,000 | 316,000 | 390,000 |
| Income tax | 17,000 | 34,000 | 52,000 | 121,000 |
| Net income | 58,000 | 158,000 | 264,000 | 269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,885,000 | 3,985,000 | 4,091,000 | 4,096,000 |
| Total capital | 4,135,000 | 4,236,000 | 4,358,000 | 4,352,000 |
| Risk-weighted assets | 20,361,000 | 21,273,000 | 22,078,000 | 20,461,000 |