Call reports 2021
FIRST STATE BANK OF RED WING, THE — 2021
What FIRST STATE BANK OF RED WING, THE 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 | 92,770,000 | 94,394,000 | 96,879,000 | 95,005,000 |
| Total loans | 30,202,000 | 29,623,000 | 27,723,000 | 27,508,000 |
| Allowance for loan losses | 306,000 | 306,000 | 307,000 | 307,000 |
| Securities available for sale | 38,781,000 | 42,426,000 | 45,500,000 | 48,417,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,332,000 | 86,571,000 | 88,914,000 | 87,284,000 |
| Interest-bearing deposits | 71,389,000 | 72,429,000 | 72,737,000 | 71,842,000 |
| Noninterest-bearing deposits | 13,943,000 | 14,142,000 | 16,177,000 | 15,442,000 |
| Equity capital | 7,059,000 | 7,344,000 | 7,455,000 | 7,294,000 |
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 | 612,000 | 1,276,000 | 1,871,000 | 2,461,000 |
| Interest expense | 111,000 | 209,000 | 301,000 | 391,000 |
| Net interest income | 501,000 | 1,067,000 | 1,570,000 | 2,070,000 |
| Noninterest income | 83,000 | 47,000 | 70,000 | 245,000 |
| Noninterest expense | 481,000 | 913,000 | 1,345,000 | 1,845,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 104,000 | 199,000 | 293,000 | 467,000 |
| Income tax | 23,000 | 49,000 | 72,000 | 104,000 |
| Net income | 81,000 | 150,000 | 221,000 | 363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,099,000 | 7,168,000 | 7,239,000 | 7,381,000 |
| Total capital | 7,405,000 | 7,474,000 | 7,546,000 | 7,688,000 |
| Risk-weighted assets | 35,611,000 | 36,255,000 | 35,276,000 | 35,846,000 |