Call reports 2020
SWEET WATER STATE BANK — 2020
What SWEET WATER 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 | 99,596,000 | 110,913,000 | 105,035,000 | 111,219,000 |
| Total loans | 67,808,000 | 65,127,000 | 63,680,000 | 63,323,000 |
| Allowance for loan losses | 1,022,000 | 964,000 | 910,000 | 1,067,000 |
| Securities available for sale | 11,147,000 | 10,926,000 | 11,062,000 | 11,552,000 |
| Securities held to maturity | 2,560,000 | 2,310,000 | 2,190,000 | 1,710,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,857,000 | 97,414,000 | 91,447,000 | 97,519,000 |
| Interest-bearing deposits | 61,800,000 | 66,445,000 | 65,203,000 | 68,444,000 |
| Noninterest-bearing deposits | 24,057,000 | 30,969,000 | 26,244,000 | 29,075,000 |
| Equity capital | 11,707,000 | 11,333,000 | 11,307,000 | 11,597,000 |
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 | 1,324,000 | 2,593,000 | 3,830,000 | 5,031,000 |
| Interest expense | 160,000 | 307,000 | 440,000 | 552,000 |
| Net interest income | 1,164,000 | 2,286,000 | 3,390,000 | 4,479,000 |
| Noninterest income | 178,000 | 284,000 | 411,000 | 548,000 |
| Noninterest expense | 1,069,000 | 2,179,000 | 3,351,000 | 4,334,000 |
| Provision for loan losses | 0 | 85,000 | 85,000 | 85,000 |
| Pretax income | 273,000 | 306,000 | 365,000 | 608,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 273,000 | 306,000 | 365,000 | 608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,680,000 | 11,029,000 | 11,028,000 | 11,273,000 |