Call reports 2020
MORGANTON SAVINGS BANK, S.S.B. — 2020
What MORGANTON SAVINGS BANK, S.S.B. 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 | 102,675,000 | 112,790,000 | 110,707,000 | 112,906,000 |
| Total loans | 69,162,000 | 71,851,000 | 70,419,000 | 69,063,000 |
| Allowance for loan losses | 1,759,000 | 1,922,000 | 2,075,000 | 2,390,000 |
| Securities available for sale | 7,801,000 | 7,584,000 | 6,354,000 | 7,267,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,037,000 | 67,110,000 | 64,870,000 | 66,949,000 |
| Interest-bearing deposits | 52,762,000 | 61,817,000 | 59,093,000 | 61,507,000 |
| Noninterest-bearing deposits | 4,275,000 | 5,293,000 | 5,777,000 | 5,442,000 |
| Equity capital | 24,429,000 | 24,709,000 | 24,765,000 | 24,531,000 |
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 | 1,008,000 | 1,946,000 | 2,852,000 | 3,903,000 |
| Interest expense | 170,000 | 360,000 | 553,000 | 742,000 |
| Net interest income | 838,000 | 1,586,000 | 2,299,000 | 3,161,000 |
| Noninterest income | 128,000 | 257,000 | 382,000 | 495,000 |
| Noninterest expense | 649,000 | 1,292,000 | 1,976,000 | 2,819,000 |
| Provision for loan losses | 7,000 | 170,000 | 323,000 | 638,000 |
| Pretax income | -445,000 | -172,000 | -160,000 | -102,000 |
| Income tax | -127,000 | -90,000 | -104,000 | -74,000 |
| Net income | -318,000 | -82,000 | -56,000 | -28,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,516,000 | 25,752,000 | 25,777,000 | 25,804,000 |