Call reports 2020
FIRST STATE BANK OF FORREST — 2020
What FIRST STATE BANK OF FORREST 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 | 230,134,000 | 235,538,000 | 236,737,000 | 243,220,000 |
| Total loans | 183,041,000 | 187,889,000 | 188,685,000 | 183,676,000 |
| Allowance for loan losses | 1,614,000 | 1,648,000 | 1,576,000 | 1,595,000 |
| Securities available for sale | 9,827,000 | 9,700,000 | 9,964,000 | 13,478,000 |
| Securities held to maturity | 8,683,000 | 6,188,000 | 5,192,000 | 2,102,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,827,000 | 209,465,000 | 210,495,000 | 216,627,000 |
| Interest-bearing deposits | 176,408,000 | 184,268,000 | 185,062,000 | 187,554,000 |
| Noninterest-bearing deposits | 22,419,000 | 25,197,000 | 25,433,000 | 29,073,000 |
| Equity capital | 18,995,000 | 19,558,000 | 19,740,000 | 20,286,000 |
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 | 2,370,000 | 4,654,000 | 6,717,000 | 9,040,000 |
| Interest expense | 780,000 | 1,570,000 | 2,297,000 | 2,933,000 |
| Net interest income | 1,590,000 | 3,084,000 | 4,420,000 | 6,107,000 |
| Noninterest income | 79,000 | 147,000 | 299,000 | 366,000 |
| Noninterest expense | 1,248,000 | 2,494,000 | 3,761,000 | 4,966,000 |
| Provision for loan losses | 95,000 | 125,000 | 155,000 | 185,000 |
| Pretax income | 326,000 | 612,000 | 803,000 | 1,322,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 12,000 |
| Net income | 323,000 | 606,000 | 794,000 | 1,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,967,000 | 19,250,000 | 19,438,000 | 19,953,000 |
| Total capital | 20,581,000 | 20,898,000 | 21,014,000 | 21,548,000 |
| Risk-weighted assets | 163,544,000 | 163,850,000 | 166,080,000 | 163,738,000 |