Call reports 2020
SUNDANCE STATE BANK — 2020
What SUNDANCE 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 | 191,506,000 | 210,999,000 | 207,745,000 | 227,266,000 |
| Total loans | 113,857,000 | 121,141,000 | 122,191,000 | 114,690,000 |
| Allowance for loan losses | 1,969,000 | 2,120,000 | 2,333,000 | 2,306,000 |
| Securities available for sale | 56,291,000 | 64,298,000 | 67,056,000 | 89,645,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,630,000 | 186,041,000 | 182,140,000 | 202,552,000 |
| Interest-bearing deposits | 134,129,000 | 147,711,000 | 141,586,000 | 157,033,000 |
| Noninterest-bearing deposits | 34,501,000 | 38,330,000 | 40,554,000 | 45,519,000 |
| Equity capital | 22,502,000 | 24,133,000 | 24,824,000 | 24,418,000 |
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 | 2,019,000 | 4,355,000 | 6,401,000 | 8,384,000 |
| Interest expense | 334,000 | 649,000 | 903,000 | 1,149,000 |
| Net interest income | 1,685,000 | 3,706,000 | 5,498,000 | 7,235,000 |
| Noninterest income | 116,000 | 225,000 | 343,000 | 459,000 |
| Noninterest expense | 960,000 | 2,022,000 | 3,001,000 | 4,112,000 |
| Provision for loan losses | 165,000 | 390,000 | 615,000 | 685,000 |
| Pretax income | 747,000 | 1,611,000 | 2,317,000 | 2,989,000 |
| Income tax | 122,000 | 272,000 | 387,000 | 495,000 |
| Net income | 625,000 | 1,339,000 | 1,930,000 | 2,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,424,000 | 22,139,000 | 22,728,000 | 22,194,000 |
| Total capital | 23,150,000 | 24,098,000 | 24,723,000 | 24,336,000 |
| Risk-weighted assets | 137,880,000 | 156,629,000 | 159,282,000 | 171,210,000 |