Call reports 2021
SHELL LAKE STATE BANK — 2021
What SHELL LAKE 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 | 263,549,000 | 274,709,000 | 285,838,000 | 287,982,000 |
| Total loans | 119,238,000 | 129,284,000 | 137,808,000 | 144,513,000 |
| Allowance for loan losses | 2,330,000 | 2,293,000 | 2,308,000 | 2,383,000 |
| Securities available for sale | 110,267,000 | 109,317,000 | 122,678,000 | 118,084,000 |
| Securities held to maturity | 1,550,000 | 2,250,000 | 2,250,000 | 2,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,001,000 | 221,879,000 | 232,802,000 | 236,538,000 |
| Interest-bearing deposits | 156,163,000 | 161,759,000 | 168,892,000 | 169,583,000 |
| Noninterest-bearing deposits | 56,838,000 | 60,120,000 | 63,910,000 | 66,955,000 |
| Equity capital | 39,353,000 | 40,242,000 | 40,437,000 | 39,180,000 |
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 | 1,775,000 | 4,177,000 | 6,094,000 | 8,109,000 |
| Interest expense | 190,000 | 378,000 | 568,000 | 748,000 |
| Net interest income | 1,585,000 | 3,799,000 | 5,526,000 | 7,361,000 |
| Noninterest income | 260,000 | 586,000 | 882,000 | 1,155,000 |
| Noninterest expense | 1,231,000 | 2,479,000 | 3,870,000 | 5,476,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 120,000 |
| Pretax income | 736,000 | 2,022,000 | 2,613,000 | 3,046,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 3,000 |
| Net income | 735,000 | 2,021,000 | 2,611,000 | 3,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,887,000 | 37,798,000 | 38,265,000 | 37,883,000 |