Call reports 2021
SPIRO STATE BANK — 2021
What SPIRO 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 | 60,219,000 | 61,342,000 | 60,024,000 | 61,876,000 |
| Total loans | 11,448,000 | 11,201,000 | 11,362,000 | 11,110,000 |
| Allowance for loan losses | 400,000 | 400,000 | 400,000 | 400,000 |
| Securities available for sale | 19,186,000 | 20,687,000 | 22,560,000 | 24,821,000 |
| Securities held to maturity | 9,328,000 | 8,490,000 | 7,567,000 | 7,560,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,907,000 | 53,949,000 | 52,600,000 | 54,868,000 |
| Interest-bearing deposits | 31,160,000 | 31,864,000 | 31,400,000 | 33,090,000 |
| Noninterest-bearing deposits | 21,747,000 | 22,085,000 | 21,200,000 | 21,778,000 |
| Equity capital | 7,128,000 | 7,193,000 | 7,218,000 | 6,906,000 |
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 | 363,000 | 729,000 | 1,095,000 | 1,464,000 |
| Interest expense | 16,000 | 29,000 | 42,000 | 53,000 |
| Net interest income | 347,000 | 700,000 | 1,053,000 | 1,411,000 |
| Noninterest income | 100,000 | 200,000 | 302,000 | 410,000 |
| Noninterest expense | 427,000 | 844,000 | 1,282,000 | 1,781,000 |
| Provision for loan losses | -1,000 | -1,000 | 1,000 | 7,000 |
| Pretax income | 67,000 | 103,000 | 118,000 | 79,000 |
| Income tax | 15,000 | 15,000 | 15,000 | -46,000 |
| Net income | 52,000 | 88,000 | 103,000 | 125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,187,000 | 6,223,000 | 6,238,000 | 6,229,000 |