Call reports 2020
STATE BANK OF CERRO GORDO — 2020
What STATE BANK OF CERRO GORDO 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 | 30,992,000 | 35,736,000 | 39,383,000 | 38,378,000 |
| Total loans | 12,407,000 | 12,018,000 | 12,600,000 | 13,102,000 |
| Allowance for loan losses | 76,000 | 76,000 | 76,000 | 76,000 |
| Securities available for sale | 10,128,000 | 10,254,000 | 12,038,000 | 15,302,000 |
| Securities held to maturity | 1,241,000 | 941,000 | 940,000 | 476,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,770,000 | 27,120,000 | 30,777,000 | 29,804,000 |
| Interest-bearing deposits | 21,926,000 | 22,346,000 | 24,872,000 | 24,602,000 |
| Noninterest-bearing deposits | 4,844,000 | 4,774,000 | 5,905,000 | 5,202,000 |
| Equity capital | 4,137,000 | 4,391,000 | 4,384,000 | 4,373,000 |
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 | 240,000 | 459,000 | 673,000 | 882,000 |
| Interest expense | 15,000 | 29,000 | 43,000 | 55,000 |
| Net interest income | 225,000 | 430,000 | 630,000 | 827,000 |
| Noninterest income | 32,000 | 61,000 | 96,000 | 131,000 |
| Noninterest expense | 227,000 | 451,000 | 669,000 | 894,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 30,000 | 42,000 | 58,000 | 67,000 |
| Income tax | 3,000 | 4,000 | 5,000 | 6,000 |
| Net income | 27,000 | 38,000 | 53,000 | 61,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,708,000 | 3,740,000 | 3,709,000 | 3,713,000 |
| Total capital | 3,785,000 | 3,816,000 | 3,785,000 | 3,789,000 |
| Risk-weighted assets | 16,641,000 | 17,417,000 | 17,441,000 | 18,131,000 |