Call reports 2018
SPIRO STATE BANK — 2018
What SPIRO STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 52,872,000 | 52,861,000 | 49,735,000 | 50,161,000 |
| Total loans | 14,467,000 | 13,698,000 | 13,622,000 | 13,755,000 |
| Allowance for loan losses | 400,000 | 400,000 | 400,000 | 400,000 |
| Securities available for sale | 18,054,000 | 18,779,000 | 18,112,000 | 18,580,000 |
| Securities held to maturity | 7,109,000 | 6,951,000 | 6,813,000 | 6,810,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,575,000 | 46,554,000 | 43,411,000 | 43,960,000 |
| Interest-bearing deposits | 29,178,000 | 28,636,000 | 26,632,000 | 27,389,000 |
| Noninterest-bearing deposits | 17,397,000 | 17,918,000 | 16,779,000 | 16,571,000 |
| Equity capital | 6,199,000 | 6,194,000 | 6,195,000 | 6,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 413,000 | 831,000 | 1,259,000 | 1,685,000 |
| Interest expense | 28,000 | 60,000 | 95,000 | 135,000 |
| Net interest income | 385,000 | 771,000 | 1,164,000 | 1,550,000 |
| Noninterest income | 120,000 | 238,000 | 353,000 | 481,000 |
| Noninterest expense | 445,000 | 880,000 | 1,332,000 | 1,851,000 |
| Provision for loan losses | 0 | 5,000 | 5,000 | 9,000 |
| Pretax income | 60,000 | 124,000 | 180,000 | 171,000 |
| Income tax | 5,000 | 9,000 | 15,000 | -9,000 |
| Net income | 55,000 | 115,000 | 165,000 | 180,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,490,000 | 6,550,000 | 6,600,000 | 6,465,000 |
| Total capital | 6,834,000 | 6,864,000 | 6,861,000 | 6,729,000 |
| Risk-weighted assets | 27,483,000 | 25,052,000 | 20,822,000 | 21,013,000 |