Call reports 2020
HURON STATE BANK — 2020
What HURON STATE BANK 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 | 62,251,000 | 64,266,000 | 70,893,000 | 69,845,000 |
| Total loans | 35,001,000 | 34,414,000 | 34,230,000 | 33,378,000 |
| Allowance for loan losses | 516,000 | 551,000 | 510,000 | 527,000 |
| Securities available for sale | 3,629,000 | 8,836,000 | 10,453,000 | 12,556,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,140,000 | 54,335,000 | 60,636,000 | 59,549,000 |
| Interest-bearing deposits | 41,721,000 | 42,287,000 | 46,859,000 | 46,355,000 |
| Noninterest-bearing deposits | 10,420,000 | 12,049,000 | 13,777,000 | 13,194,000 |
| Equity capital | 9,979,000 | 9,759,000 | 9,994,000 | 10,080,000 |
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 | 641,000 | 1,199,000 | 1,801,000 | 2,356,000 |
| Interest expense | 84,000 | 167,000 | 247,000 | 325,000 |
| Net interest income | 557,000 | 1,032,000 | 1,554,000 | 2,031,000 |
| Noninterest income | 34,000 | 72,000 | 115,000 | 165,000 |
| Noninterest expense | 454,000 | 862,000 | 1,286,000 | 1,659,000 |
| Provision for loan losses | 0 | 0 | -110,000 | -110,000 |
| Pretax income | 137,000 | 242,000 | 493,000 | 647,000 |
| Income tax | 32,000 | 58,000 | 116,000 | 153,000 |
| Net income | 105,000 | 184,000 | 377,000 | 494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,905,000 | 9,677,000 | 9,870,000 | 9,967,000 |
| Total capital | 10,421,000 | — | — | — |
| Risk-weighted assets | 41,664,000 | — | — | — |