Call reports 2020
ST. ANSGAR STATE BANK — 2020
What ST. ANSGAR 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 | 117,113,000 | 132,137,000 | 135,776,000 | 148,245,000 |
| Total loans | 88,278,000 | 93,076,000 | 89,547,000 | 89,427,000 |
| Allowance for loan losses | 770,000 | 880,000 | 881,000 | 882,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 20,398,000 | 19,986,000 | 19,588,000 | 21,345,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,589,000 | 100,503,000 | 107,292,000 | 119,898,000 |
| Interest-bearing deposits | 75,609,000 | 80,897,000 | 87,169,000 | 91,913,000 |
| Noninterest-bearing deposits | 15,981,000 | 19,606,000 | 20,123,000 | 27,986,000 |
| Equity capital | 14,308,000 | 14,446,000 | 14,442,000 | 14,512,000 |
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 | 1,216,000 | 2,597,000 | 3,718,000 | 4,801,000 |
| Interest expense | 201,000 | 374,000 | 554,000 | 711,000 |
| Net interest income | 1,015,000 | 2,223,000 | 3,164,000 | 4,090,000 |
| Noninterest income | 20,000 | 38,000 | 63,000 | 183,000 |
| Noninterest expense | 608,000 | 1,324,000 | 1,970,000 | 2,623,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 429,000 | 890,000 | 1,210,000 | 1,603,000 |
| Income tax | 23,000 | 46,000 | 69,000 | 92,000 |
| Net income | 406,000 | 844,000 | 1,141,000 | 1,511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,308,000 | 14,446,000 | 14,442,000 | 14,512,000 |