Call reports 2018
MORGANTON SAVINGS BANK, S.S.B. — 2018
What MORGANTON SAVINGS BANK, S.S.B. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 80,639,000 | 81,295,000 | 80,300,000 | 89,662,000 |
| Total loans | 46,442,000 | 49,207,000 | 53,132,000 | 57,895,000 |
| Allowance for loan losses | 970,000 | 1,010,000 | 1,010,000 | 1,087,000 |
| Securities available for sale | 12,434,000 | 11,229,000 | 10,751,000 | 10,411,000 |
| Securities held to maturity | 201,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,518,000 | 54,927,000 | 53,753,000 | 53,254,000 |
| Interest-bearing deposits | 49,550,000 | 49,735,000 | 49,095,000 | 48,325,000 |
| Noninterest-bearing deposits | 4,968,000 | 5,192,000 | 4,658,000 | 4,929,000 |
| Equity capital | 23,496,000 | 23,699,000 | 23,817,000 | 23,836,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 845,000 | 1,619,000 | 2,381,000 | 3,227,000 |
| Interest expense | 51,000 | 103,000 | 156,000 | 247,000 |
| Net interest income | 794,000 | 1,516,000 | 2,225,000 | 2,980,000 |
| Noninterest income | 48,000 | 95,000 | 146,000 | 159,000 |
| Noninterest expense | 618,000 | 1,195,000 | 1,842,000 | 2,490,000 |
| Provision for loan losses | 0 | 12,000 | 12,000 | 89,000 |
| Pretax income | 224,000 | 404,000 | 520,000 | 502,000 |
| Income tax | 48,000 | 87,000 | 112,000 | 121,000 |
| Net income | 176,000 | 317,000 | 408,000 | 381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,383,000 | 24,620,000 | 24,766,000 | 24,637,000 |
| Total capital | 25,221,000 | 25,481,000 | 25,659,000 | 25,587,000 |
| Risk-weighted assets | 66,961,000 | 68,772,000 | 71,364,000 | 75,867,000 |