Call reports 2019
SPIRO STATE BANK — 2019
What SPIRO STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 51,909,000 | 52,527,000 | 51,488,000 | 51,420,000 |
| Total loans | 13,926,000 | 13,798,000 | 12,808,000 | 12,446,000 |
| Allowance for loan losses | 400,000 | 400,000 | 400,000 | 400,000 |
| Securities available for sale | 17,818,000 | 17,858,000 | 15,937,000 | 16,395,000 |
| Securities held to maturity | 6,983,000 | 6,610,000 | 7,186,000 | 7,182,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,436,000 | 45,693,000 | 44,489,000 | 44,716,000 |
| Interest-bearing deposits | 28,453,000 | 28,731,000 | 27,625,000 | 27,281,000 |
| Noninterest-bearing deposits | 16,983,000 | 16,962,000 | 16,864,000 | 17,435,000 |
| Equity capital | 6,445,000 | 6,791,000 | 6,953,000 | 6,674,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 431,000 | 865,000 | 1,300,000 | 1,707,000 |
| Interest expense | 43,000 | 87,000 | 129,000 | 165,000 |
| Net interest income | 388,000 | 778,000 | 1,171,000 | 1,542,000 |
| Noninterest income | 115,000 | 222,000 | 331,000 | 442,000 |
| Noninterest expense | 443,000 | 874,000 | 1,321,000 | 1,828,000 |
| Provision for loan losses | -1,000 | -1,000 | 3,000 | 6,000 |
| Pretax income | 61,000 | 127,000 | 178,000 | 150,000 |
| Income tax | 5,000 | 11,000 | 13,000 | -19,000 |
| Net income | 56,000 | 116,000 | 165,000 | 169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,521,000 | 6,581,000 | 6,630,000 | 6,409,000 |
| Total capital | 6,831,000 | 6,844,000 | 6,874,000 | 6,647,000 |
| Risk-weighted assets | 24,741,000 | 20,964,000 | 19,397,000 | 18,911,000 |