Call reports 2020
FAIRVIEW STATE BANKING COMPANY — 2020
What FAIRVIEW STATE BANKING COMPANY 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 | 27,706,000 | 31,240,000 | 31,338,000 | 33,488,000 |
| Total loans | 18,864,000 | 20,733,000 | 21,317,000 | 22,974,000 |
| Allowance for loan losses | 173,000 | 175,000 | 176,000 | 175,000 |
| Securities available for sale | 2,770,000 | 2,179,000 | 3,128,000 | 3,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,115,000 | 26,586,000 | 26,653,000 | 28,779,000 |
| Interest-bearing deposits | 18,691,000 | 21,747,000 | 22,731,000 | 23,588,000 |
| Noninterest-bearing deposits | 4,423,000 | 4,839,000 | 3,922,000 | 5,191,000 |
| Equity capital | 3,922,000 | 3,973,000 | 3,986,000 | 4,037,000 |
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 | 295,000 | 582,000 | 885,000 | 1,179,000 |
| Interest expense | 49,000 | 90,000 | 129,000 | 167,000 |
| Net interest income | 246,000 | 492,000 | 756,000 | 1,012,000 |
| Noninterest income | 16,000 | 23,000 | 30,000 | 45,000 |
| Noninterest expense | 179,000 | 358,000 | 563,000 | 767,000 |
| Provision for loan losses | 0 | 13,000 | 16,000 | 16,000 |
| Pretax income | 83,000 | 144,000 | 207,000 | 274,000 |
| Income tax | 17,000 | 36,000 | 47,000 | 57,000 |
| Net income | 66,000 | 108,000 | 160,000 | 217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,898,000 | 3,937,000 | 3,961,000 | 3,999,000 |