Call reports 2020
GERBER STATE BANK, THE — 2020
What GERBER STATE BANK, THE 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 | 75,099,000 | 81,626,000 | 84,112,000 | 88,986,000 |
| Total loans | 34,735,000 | 33,973,000 | 34,005,000 | 34,636,000 |
| Allowance for loan losses | 476,000 | 503,000 | 529,000 | 532,000 |
| Securities available for sale | 32,660,000 | 37,625,000 | 40,683,000 | 40,260,000 |
| Securities held to maturity | 1,361,000 | 1,359,000 | 1,358,000 | 897,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,645,000 | 66,621,000 | 68,844,000 | 73,484,000 |
| Interest-bearing deposits | 55,717,000 | 58,221,000 | 61,101,000 | 61,709,000 |
| Noninterest-bearing deposits | 7,928,000 | 8,400,000 | 7,743,000 | 11,775,000 |
| Equity capital | 9,575,000 | 10,796,000 | 11,037,000 | 11,314,000 |
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 | 661,000 | 1,303,000 | 1,942,000 | 2,525,000 |
| Interest expense | 85,000 | 164,000 | 241,000 | 301,000 |
| Net interest income | 576,000 | 1,139,000 | 1,701,000 | 2,224,000 |
| Noninterest income | 59,000 | 124,000 | 195,000 | 339,000 |
| Noninterest expense | 475,000 | 942,000 | 1,380,000 | 1,829,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 131,000 | 272,000 | 444,000 | 642,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 131,000 | 272,000 | 444,000 | 642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,708,000 | 9,775,000 | 9,897,000 | 10,095,000 |
| Total capital | 10,184,000 | 10,278,000 | 10,417,000 | 10,627,000 |
| Risk-weighted assets | 41,018,000 | 40,856,000 | 41,622,000 | 45,151,000 |