Call reports 2020
FIRST STATE BANK OF RED WING, THE — 2020
What FIRST STATE BANK OF RED WING, THE 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 | 84,370,000 | 84,140,000 | 87,395,000 | 91,831,000 |
| Total loans | 29,002,000 | 29,856,000 | 29,896,000 | 30,541,000 |
| Allowance for loan losses | 202,000 | 199,000 | 229,000 | 306,000 |
| Securities available for sale | 36,573,000 | 31,360,000 | 35,442,000 | 37,042,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,559,000 | 75,549,000 | 78,751,000 | 83,271,000 |
| Interest-bearing deposits | 60,316,000 | 63,771,000 | 66,840,000 | 70,489,000 |
| Noninterest-bearing deposits | 12,243,000 | 11,778,000 | 11,911,000 | 12,782,000 |
| Equity capital | 7,764,000 | 7,885,000 | 7,927,000 | 7,882,000 |
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 | 548,000 | 1,186,000 | 1,786,000 | 2,393,000 |
| Interest expense | 164,000 | 316,000 | 458,000 | 593,000 |
| Net interest income | 384,000 | 870,000 | 1,328,000 | 1,800,000 |
| Noninterest income | 19,000 | 32,000 | 50,000 | 99,000 |
| Noninterest expense | 461,000 | 844,000 | 1,220,000 | 1,640,000 |
| Provision for loan losses | 0 | 0 | 0 | 77,000 |
| Pretax income | -57,000 | 124,000 | 231,000 | 255,000 |
| Income tax | -15,000 | 32,000 | 57,000 | 65,000 |
| Net income | -42,000 | 92,000 | 174,000 | 190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,787,000 | 6,921,000 | 7,003,000 | 7,148,000 |
| Total capital | 6,989,000 | 7,120,000 | 7,232,000 | 7,454,000 |
| Risk-weighted assets | 33,914,000 | 33,631,000 | 34,736,000 | 35,740,000 |