Call reports 2021
SPENCER COUNTY BANK — 2021
What SPENCER COUNTY 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 | 127,981,000 | 129,931,000 | 140,435,000 | 139,903,000 |
| Total loans | 63,243,000 | 62,690,000 | 65,431,000 | 65,670,000 |
| Allowance for loan losses | 354,000 | 412,000 | 455,000 | 465,000 |
| Securities available for sale | 32,512,000 | 35,039,000 | 32,793,000 | 32,864,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,133,000 | 114,009,000 | 124,548,000 | 124,591,000 |
| Interest-bearing deposits | 85,183,000 | 87,142,000 | 96,165,000 | 95,945,000 |
| Noninterest-bearing deposits | 26,950,000 | 26,867,000 | 28,383,000 | 28,646,000 |
| Equity capital | 14,622,000 | 14,727,000 | 14,691,000 | 14,627,000 |
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 | 895,000 | 1,758,000 | 2,606,000 | 3,468,000 |
| Interest expense | 160,000 | 294,000 | 403,000 | 498,000 |
| Net interest income | 735,000 | 1,464,000 | 2,203,000 | 2,970,000 |
| Noninterest income | 236,000 | 451,000 | 645,000 | 850,000 |
| Noninterest expense | 799,000 | 1,614,000 | 2,425,000 | 3,241,000 |
| Provision for loan losses | 45,000 | 90,000 | 125,000 | 135,000 |
| Pretax income | 127,000 | 211,000 | 298,000 | 444,000 |
| Income tax | 21,000 | 44,000 | 46,000 | 42,000 |
| Net income | 106,000 | 167,000 | 252,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,350,000 | 14,412,000 | 14,496,000 | 14,624,000 |