Call reports 2021
MORGANTON SAVINGS BANK, S.S.B. — 2021
What MORGANTON SAVINGS BANK, S.S.B. 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 | 119,064,000 | 123,129,000 | 124,008,000 | 118,730,000 |
| Total loans | 71,224,000 | 69,973,000 | 68,337,000 | 69,505,000 |
| Allowance for loan losses | 2,390,000 | 2,390,000 | 2,390,000 | 2,390,000 |
| Securities available for sale | 11,885,000 | 13,139,000 | 10,397,000 | 10,761,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,696,000 | 76,491,000 | 77,354,000 | 76,839,000 |
| Interest-bearing deposits | 66,177,000 | 68,643,000 | 71,985,000 | 69,185,000 |
| Noninterest-bearing deposits | 6,519,000 | 7,848,000 | 5,369,000 | 7,654,000 |
| Equity capital | 25,159,000 | 25,347,000 | 25,377,000 | 25,341,000 |
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 | 906,000 | 1,822,000 | 2,661,000 | 3,940,000 |
| Interest expense | 187,000 | 381,000 | 578,000 | 751,000 |
| Net interest income | 719,000 | 1,441,000 | 2,083,000 | 3,189,000 |
| Noninterest income | 96,000 | 109,000 | 191,000 | 237,000 |
| Noninterest expense | 727,000 | 1,405,000 | 2,180,000 | 3,320,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 245,000 | 430,000 | 384,000 | 348,000 |
| Income tax | 41,000 | 73,000 | 82,000 | -49,000 |
| Net income | 204,000 | 357,000 | 302,000 | 397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,156,000 | 26,318,000 | 26,349,000 | 26,184,000 |