Call reports 2020
FIRST SECURE STATE BANK — 2020
What FIRST SECURE 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 | 229,587,000 | 255,275,000 | 258,381,000 | 260,536,000 |
| Total loans | 155,150,000 | 177,687,000 | 171,066,000 | 171,492,000 |
| Allowance for loan losses | 1,004,000 | 1,371,000 | 1,245,000 | 1,499,000 |
| Securities available for sale | 39,646,000 | 31,695,000 | 52,786,000 | 54,297,000 |
| Securities held to maturity | 979,000 | 977,000 | 976,000 | 945,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,719,000 | 222,655,000 | 225,743,000 | 231,824,000 |
| Interest-bearing deposits | 164,831,000 | 176,879,000 | 179,380,000 | 184,116,000 |
| Noninterest-bearing deposits | 35,889,000 | 45,776,000 | 46,364,000 | 47,708,000 |
| Equity capital | 27,573,000 | 27,286,000 | 27,331,000 | 27,678,000 |
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 | 2,272,000 | 4,418,000 | 6,590,000 | 8,936,000 |
| Interest expense | 210,000 | 401,000 | 588,000 | 758,000 |
| Net interest income | 2,062,000 | 4,017,000 | 6,002,000 | 8,178,000 |
| Noninterest income | 306,000 | 521,000 | 901,000 | 1,361,000 |
| Noninterest expense | 2,320,000 | 4,429,000 | 6,515,000 | 8,393,000 |
| Provision for loan losses | 0 | 364,000 | 364,000 | 611,000 |
| Pretax income | 48,000 | -255,000 | 339,000 | 850,000 |
| Income tax | 8,000 | -141,000 | -31,000 | 128,000 |
| Net income | 40,000 | -114,000 | 370,000 | 722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,721,000 | 22,568,000 | 22,959,000 | 23,237,000 |