Call reports 2021
GERBER STATE BANK, THE — 2021
What GERBER STATE BANK, THE 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 | 96,489,000 | 91,603,000 | 94,487,000 | 93,664,000 |
| Total loans | 31,360,000 | 30,724,000 | 31,368,000 | 32,834,000 |
| Allowance for loan losses | 556,000 | 515,000 | 546,000 | 581,000 |
| Securities available for sale | 43,371,000 | 47,702,000 | 48,819,000 | 49,376,000 |
| Securities held to maturity | 476,000 | 376,000 | 375,000 | 105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,415,000 | 80,371,000 | 83,168,000 | 82,563,000 |
| Interest-bearing deposits | 70,299,000 | 69,185,000 | 72,237,000 | 69,514,000 |
| Noninterest-bearing deposits | 11,116,000 | 11,186,000 | 10,931,000 | 13,049,000 |
| Equity capital | 10,862,000 | 11,091,000 | 11,187,000 | 10,986,000 |
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 | 560,000 | 1,107,000 | 1,660,000 | 2,285,000 |
| Interest expense | 60,000 | 121,000 | 182,000 | 234,000 |
| Net interest income | 500,000 | 986,000 | 1,478,000 | 2,051,000 |
| Noninterest income | 70,000 | 166,000 | 271,000 | 371,000 |
| Noninterest expense | 483,000 | 898,000 | 1,375,000 | 1,791,000 |
| Provision for loan losses | 23,000 | 23,000 | 23,000 | 23,000 |
| Pretax income | 69,000 | 236,000 | 358,000 | 618,000 |
| Income tax | 0 | 0 | 0 | 23,000 |
| Net income | 69,000 | 236,000 | 358,000 | 595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,057,000 | 10,152,000 | 10,226,000 | 10,462,000 |
| Total capital | 10,603,000 | 10,660,000 | 10,752,000 | 11,013,000 |
| Risk-weighted assets | 43,730,000 | 40,691,000 | 42,042,000 | 44,089,000 |