Call reports 2020
STURDY SAVINGS BANK — 2020
What STURDY SAVINGS 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 | 839,882,000 | 962,352,000 | 1,066,645,000 | 1,061,680,000 |
| Total loans | 550,862,000 | 589,959,000 | 580,081,000 | 556,919,000 |
| Allowance for loan losses | 3,443,000 | 3,317,000 | 3,548,000 | 3,491,000 |
| Securities available for sale | 206,476,000 | 247,116,000 | 362,075,000 | 421,220,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 726,919,000 | 828,057,000 | 931,172,000 | 921,546,000 |
| Interest-bearing deposits | 559,700,000 | 589,618,000 | 639,590,000 | 673,824,000 |
| Noninterest-bearing deposits | 167,219,000 | 238,439,000 | 291,582,000 | 247,722,000 |
| Equity capital | 90,046,000 | 91,417,000 | 92,585,000 | 95,044,000 |
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 | 7,493,000 | 14,688,000 | 22,319,000 | 29,712,000 |
| Interest expense | 615,000 | 931,000 | 1,241,000 | 1,537,000 |
| Net interest income | 6,878,000 | 13,757,000 | 21,078,000 | 28,175,000 |
| Noninterest income | 818,000 | 1,590,000 | 2,376,000 | 3,338,000 |
| Noninterest expense | 6,702,000 | 13,152,000 | 19,641,000 | 25,920,000 |
| Provision for loan losses | 1,262,000 | 1,139,000 | 1,373,000 | 1,318,000 |
| Pretax income | -222,000 | 1,121,000 | 3,279,000 | 5,187,000 |
| Income tax | -111,000 | 237,000 | 810,000 | 1,313,000 |
| Net income | -111,000 | 884,000 | 2,469,000 | 3,874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,936,000 | 82,979,000 | 84,615,000 | 86,069,000 |
| Total capital | 85,379,000 | 86,296,000 | 88,163,000 | 89,560,000 |
| Risk-weighted assets | 551,377,000 | 558,673,000 | 569,528,000 | 569,316,000 |