Call reports 2020
SUNSET BANK & SAVINGS — 2020
What SUNSET BANK & SAVINGS 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 | 129,768,000 | 138,510,000 | 141,101,000 | 136,473,000 |
| Total loans | 95,807,000 | 102,846,000 | 102,380,000 | 93,030,000 |
| Allowance for loan losses | 910,000 | 939,000 | 968,000 | 1,004,000 |
| Securities available for sale | 10,809,000 | 9,999,000 | 9,331,000 | 8,644,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,679,000 | 120,603,000 | 123,513,000 | 119,112,000 |
| Interest-bearing deposits | 97,113,000 | 98,832,000 | 100,255,000 | 99,805,000 |
| Noninterest-bearing deposits | 15,566,000 | 21,771,000 | 23,258,000 | 19,307,000 |
| Equity capital | 15,748,000 | 15,956,000 | 16,060,000 | 16,045,000 |
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 | 1,242,000 | 2,476,000 | 3,718,000 | 5,017,000 |
| Interest expense | 402,000 | 747,000 | 1,050,000 | 1,309,000 |
| Net interest income | 840,000 | 1,729,000 | 2,668,000 | 3,708,000 |
| Noninterest income | 261,000 | 658,000 | 1,160,000 | 1,796,000 |
| Noninterest expense | 1,021,000 | 2,077,000 | 3,200,000 | 4,513,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 135,000 |
| Pretax income | 50,000 | 250,000 | 538,000 | 856,000 |
| Income tax | -2,000 | 37,000 | 102,000 | 178,000 |
| Net income | 52,000 | 213,000 | 436,000 | 678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,186,000 | 14,405,000 | 14,769,000 | 14,819,000 |