Call reports 2021
STATE BANK OF CERRO GORDO — 2021
What STATE BANK OF CERRO GORDO 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 | 40,906,000 | 36,142,000 | 37,922,000 | 36,245,000 |
| Total loans | 12,587,000 | 12,372,000 | 12,389,000 | 13,782,000 |
| Allowance for loan losses | 76,000 | 76,000 | 76,000 | 76,000 |
| Securities available for sale | 15,762,000 | 16,856,000 | 16,689,000 | 16,949,000 |
| Securities held to maturity | 171,000 | 170,000 | 170,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,412,000 | 31,610,000 | 33,363,000 | 31,907,000 |
| Interest-bearing deposits | 26,538,000 | 25,911,000 | 28,014,000 | 27,525,000 |
| Noninterest-bearing deposits | 5,874,000 | 5,699,000 | 5,349,000 | 4,382,000 |
| Equity capital | 4,318,000 | 4,350,000 | 4,373,000 | 4,216,000 |
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 | 193,000 | 376,000 | 567,000 | 764,000 |
| Interest expense | 9,000 | 15,000 | 22,000 | 28,000 |
| Net interest income | 184,000 | 361,000 | 545,000 | 736,000 |
| Noninterest income | 51,000 | 94,000 | 132,000 | 176,000 |
| Noninterest expense | 219,000 | 414,000 | 615,000 | 822,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 15,000 | 38,000 | 58,000 | 86,000 |
| Income tax | 1,000 | 3,000 | 5,000 | 7,000 |
| Net income | 14,000 | 35,000 | 53,000 | 79,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,727,000 | 3,748,000 | 3,809,000 | 3,671,000 |
| Total capital | 3,803,000 | 3,824,000 | 3,885,000 | 3,747,000 |
| Risk-weighted assets | 17,894,000 | 16,312,000 | 16,722,000 | 17,485,000 |