Call reports 2020
MERCER COUNTY STATE BANK — 2020
What MERCER COUNTY 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 | 429,182,000 | 471,173,000 | 474,584,000 | 475,457,000 |
| Total loans | 276,569,000 | 303,675,000 | 310,059,000 | 306,506,000 |
| Allowance for loan losses | 3,156,000 | 3,185,000 | 3,252,000 | 3,325,000 |
| Securities available for sale | 108,087,000 | 125,363,000 | 127,285,000 | 132,345,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 354,221,000 | 394,175,000 | 399,337,000 | 400,063,000 |
| Interest-bearing deposits | 247,756,000 | 258,132,000 | 258,045,000 | 260,193,000 |
| Noninterest-bearing deposits | 106,465,000 | 136,043,000 | 141,292,000 | 139,870,000 |
| Equity capital | 43,028,000 | 45,952,000 | 47,427,000 | 47,288,000 |
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 | 4,367,000 | 8,832,000 | 13,244,000 | 17,750,000 |
| Interest expense | 801,000 | 1,526,000 | 2,167,000 | 2,755,000 |
| Net interest income | 3,566,000 | 7,306,000 | 11,077,000 | 14,995,000 |
| Noninterest income | 762,000 | 1,277,000 | 2,332,000 | 3,096,000 |
| Noninterest expense | 3,154,000 | 6,052,000 | 9,051,000 | 12,474,000 |
| Provision for loan losses | 0 | 75,000 | 150,000 | 225,000 |
| Pretax income | 1,179,000 | 2,670,000 | 4,429,000 | 5,625,000 |
| Income tax | 169,000 | 401,000 | 643,000 | 804,000 |
| Net income | 1,010,000 | 2,269,000 | 3,786,000 | 4,821,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,077,000 | 41,587,000 | 43,104,000 | 42,889,000 |