Call reports 2020
SPIRO STATE BANK — 2020
What SPIRO 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 | 54,038,000 | 58,631,000 | 57,005,000 | 57,481,000 |
| Total loans | 12,035,000 | 11,503,000 | 11,236,000 | 11,506,000 |
| Allowance for loan losses | 400,000 | 400,000 | 400,000 | 400,000 |
| Securities available for sale | 16,971,000 | 18,883,000 | 20,519,000 | 20,239,000 |
| Securities held to maturity | 7,857,000 | 8,525,000 | 7,870,000 | 8,531,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,842,000 | 50,949,000 | 49,242,000 | 49,788,000 |
| Interest-bearing deposits | 29,048,000 | 30,394,000 | 28,614,000 | 29,064,000 |
| Noninterest-bearing deposits | 17,794,000 | 20,555,000 | 20,628,000 | 20,723,000 |
| Equity capital | 7,016,000 | 7,397,000 | 7,463,000 | 7,422,000 |
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 | 414,000 | 786,000 | 1,161,000 | 1,533,000 |
| Interest expense | 33,000 | 58,000 | 81,000 | 101,000 |
| Net interest income | 381,000 | 728,000 | 1,080,000 | 1,432,000 |
| Noninterest income | 108,000 | 190,000 | 280,000 | 376,000 |
| Noninterest expense | 426,000 | 834,000 | 1,273,000 | 1,775,000 |
| Provision for loan losses | 0 | 0 | 1,000 | 2,000 |
| Pretax income | 63,000 | 84,000 | 86,000 | 31,000 |
| Income tax | 5,000 | 5,000 | 5,000 | -50,000 |
| Net income | 58,000 | 79,000 | 81,000 | 81,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,156,000 | 6,176,000 | 6,178,000 | 6,135,000 |