Call reports 2020
SPENCER COUNTY BANK — 2020
What SPENCER COUNTY 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 | 111,290,000 | 117,740,000 | 121,185,000 | 122,990,000 |
| Total loans | 67,492,000 | 68,202,000 | 67,798,000 | 64,330,000 |
| Allowance for loan losses | 675,000 | 688,000 | 729,000 | 826,000 |
| Securities available for sale | 25,804,000 | 25,500,000 | 23,475,000 | 26,793,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,651,000 | 101,543,000 | 105,046,000 | 107,006,000 |
| Interest-bearing deposits | 76,328,000 | 79,382,000 | 81,942,000 | 82,875,000 |
| Noninterest-bearing deposits | 19,323,000 | 22,161,000 | 23,104,000 | 24,131,000 |
| Equity capital | 14,121,000 | 14,587,000 | 14,730,000 | 14,743,000 |
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 | 1,029,000 | 2,128,000 | 3,111,000 | 4,040,000 |
| Interest expense | 218,000 | 431,000 | 633,000 | 818,000 |
| Net interest income | 811,000 | 1,697,000 | 2,478,000 | 3,222,000 |
| Noninterest income | 174,000 | 409,000 | 682,000 | 920,000 |
| Noninterest expense | 770,000 | 1,579,000 | 2,358,000 | 3,147,000 |
| Provision for loan losses | 0 | 15,000 | 60,000 | 150,000 |
| Pretax income | 215,000 | 512,000 | 742,000 | 845,000 |
| Income tax | 44,000 | 109,000 | 157,000 | 176,000 |
| Net income | 171,000 | 403,000 | 585,000 | 669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,120,000 | 14,014,000 | 14,195,000 | 14,245,000 |