Call reports 2020
STATE CENTRAL BANK — 2020
What STATE CENTRAL 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 | 38,962,000 | 43,827,000 | 42,683,000 | 46,099,000 |
| Total loans | 18,404,000 | 18,368,000 | 17,117,000 | 17,464,000 |
| Allowance for loan losses | 523,000 | 542,000 | 630,000 | 1,458,000 |
| Securities available for sale | 11,397,000 | 11,910,000 | 11,201,000 | 10,639,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,371,000 | 38,401,000 | 37,299,000 | 40,693,000 |
| Interest-bearing deposits | 29,171,000 | 31,363,000 | 28,710,000 | 31,140,000 |
| Noninterest-bearing deposits | 5,200,000 | 7,038,000 | 8,589,000 | 9,553,000 |
| Equity capital | 4,547,000 | 5,372,000 | 5,335,000 | 5,366,000 |
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 | 373,000 | 745,000 | 1,060,000 | 1,409,000 |
| Interest expense | 46,000 | 67,000 | 83,000 | 99,000 |
| Net interest income | 327,000 | 678,000 | 977,000 | 1,310,000 |
| Noninterest income | 90,000 | 171,000 | 255,000 | 357,000 |
| Noninterest expense | 338,000 | 711,000 | 1,085,000 | 1,453,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 50,000 |
| Pretax income | 79,000 | 138,000 | 97,000 | 189,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 79,000 | 138,000 | 97,000 | 189,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,914,000 | 3,973,000 | 3,933,000 | 4,023,000 |