Call reports 2020
SHELBY COUNTY STATE BANK — 2020
What SHELBY COUNTY STATE 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 | 249,502,000 | 263,728,000 | 270,231,000 | 262,772,000 |
| Total loans | 205,794,000 | 202,960,000 | 194,637,000 | 193,445,000 |
| Allowance for loan losses | 1,750,000 | 1,780,000 | 1,805,000 | 1,835,000 |
| Securities available for sale | 36,215,000 | 39,690,000 | 39,860,000 | 45,882,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,806,000 | 221,986,000 | 228,103,000 | 228,286,000 |
| Interest-bearing deposits | 176,019,000 | 183,574,000 | 188,535,000 | 183,002,000 |
| Noninterest-bearing deposits | 35,787,000 | 38,412,000 | 39,568,000 | 45,284,000 |
| Equity capital | 26,263,000 | 27,318,000 | 27,585,000 | 27,899,000 |
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 | 2,588,000 | 5,057,000 | 7,421,000 | 9,703,000 |
| Interest expense | 305,000 | 607,000 | 911,000 | 1,204,000 |
| Net interest income | 2,283,000 | 4,450,000 | 6,510,000 | 8,499,000 |
| Noninterest income | 291,000 | 607,000 | 881,000 | 1,212,000 |
| Noninterest expense | 1,576,000 | 3,210,000 | 4,876,000 | 6,486,000 |
| Provision for loan losses | 0 | 30,000 | 60,000 | 90,000 |
| Pretax income | 998,000 | 1,817,000 | 2,455,000 | 3,135,000 |
| Income tax | 45,000 | 45,000 | 45,000 | 45,000 |
| Net income | 953,000 | 1,772,000 | 2,410,000 | 3,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,446,000 | 26,254,000 | 26,483,000 | 26,797,000 |