Call reports 2021
SWEET WATER STATE BANK — 2021
What SWEET WATER STATE 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 | 114,191,000 | 113,918,000 | 116,011,000 | 120,042,000 |
| Total loans | 63,990,000 | 62,417,000 | 63,095,000 | 58,064,000 |
| Allowance for loan losses | 1,073,000 | 1,083,000 | 1,133,000 | 1,228,000 |
| Securities available for sale | 13,836,000 | 17,315,000 | 22,370,000 | 22,979,000 |
| Securities held to maturity | 1,475,000 | 1,300,000 | 1,100,000 | 1,100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,424,000 | 100,144,000 | 102,089,000 | 106,417,000 |
| Interest-bearing deposits | 67,432,000 | 68,181,000 | 67,478,000 | 72,419,000 |
| Noninterest-bearing deposits | 32,992,000 | 31,963,000 | 34,611,000 | 33,998,000 |
| Equity capital | 11,607,000 | 11,503,000 | 11,484,000 | 11,383,000 |
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 | 1,305,000 | 2,609,000 | 3,747,000 | 4,916,000 |
| Interest expense | 99,000 | 181,000 | 251,000 | 305,000 |
| Net interest income | 1,206,000 | 2,428,000 | 3,496,000 | 4,611,000 |
| Noninterest income | 136,000 | 237,000 | 378,000 | 233,000 |
| Noninterest expense | 1,107,000 | 2,262,000 | 3,322,000 | 4,124,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 300,000 |
| Pretax income | 235,000 | 403,000 | 452,000 | 420,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 235,000 | 403,000 | 452,000 | 420,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,508,000 | 11,339,000 | 11,387,000 | 11,357,000 |