Call reports 2020
PEOPLES STATE BANK OF WELLS — 2020
What PEOPLES STATE BANK OF WELLS 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 | 55,299,000 | 58,002,000 | 57,421,000 | 60,493,000 |
| Total loans | 44,254,000 | 45,726,000 | 43,224,000 | 42,738,000 |
| Allowance for loan losses | 560,000 | 560,000 | 560,000 | 523,000 |
| Securities available for sale | 2,580,000 | 2,531,000 | 2,463,000 | 2,380,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,721,000 | 51,251,000 | 50,544,000 | 53,512,000 |
| Interest-bearing deposits | 40,285,000 | 41,864,000 | 40,809,000 | 41,274,000 |
| Noninterest-bearing deposits | 8,436,000 | 9,387,000 | 9,735,000 | 12,238,000 |
| Equity capital | 6,541,000 | 6,712,000 | 6,824,000 | 6,928,000 |
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 | 621,000 | 1,224,000 | 1,806,000 | 2,388,000 |
| Interest expense | 103,000 | 199,000 | 288,000 | 368,000 |
| Net interest income | 518,000 | 1,025,000 | 1,518,000 | 2,020,000 |
| Noninterest income | 16,000 | 77,000 | 91,000 | 70,000 |
| Noninterest expense | 326,000 | 629,000 | 937,000 | 1,260,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 208,000 | 473,000 | 672,000 | 830,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 208,000 | 473,000 | 672,000 | 830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,517,000 | 5,690,000 | 5,809,000 | 5,908,000 |
| Total capital | 6,050,000 | 6,227,000 | 6,324,000 | 6,418,000 |
| Risk-weighted assets | 42,638,000 | 43,009,000 | 41,152,000 | 40,820,000 |