Call reports 2021
HURON STATE BANK — 2021
What HURON STATE BANK 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 | 70,891,000 | 72,622,000 | 77,312,000 | 75,178,000 |
| Total loans | 33,710,000 | 36,589,000 | 38,200,000 | 38,695,000 |
| Allowance for loan losses | 543,000 | 576,000 | 583,000 | 576,000 |
| Securities available for sale | 15,929,000 | 18,761,000 | 17,606,000 | 18,158,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,678,000 | 62,456,000 | 66,955,000 | 64,847,000 |
| Interest-bearing deposits | 46,550,000 | 47,971,000 | 51,684,000 | 50,356,000 |
| Noninterest-bearing deposits | 14,128,000 | 14,484,000 | 15,271,000 | 14,491,000 |
| Equity capital | 9,981,000 | 9,964,000 | 10,125,000 | 10,139,000 |
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 | 551,000 | 1,139,000 | 1,770,000 | 2,396,000 |
| Interest expense | 73,000 | 142,000 | 210,000 | 276,000 |
| Net interest income | 478,000 | 997,000 | 1,560,000 | 2,120,000 |
| Noninterest income | 39,000 | 153,000 | 195,000 | 251,000 |
| Noninterest expense | 427,000 | 838,000 | 1,252,000 | 1,671,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 312,000 | 507,000 | 704,000 |
| Income tax | 22,000 | 50,000 | 78,000 | 120,000 |
| Net income | 68,000 | 262,000 | 429,000 | 584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,005,000 | 9,928,000 | 10,102,000 | 10,238,000 |