Call reports 2020
STOCKGROWERS STATE BANK, THE — 2020
What STOCKGROWERS STATE BANK, 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 | 82,744,000 | 86,635,000 | 89,302,000 | 94,750,000 |
| Total loans | 46,200,000 | 47,944,000 | 54,452,000 | 53,362,000 |
| Allowance for loan losses | 693,000 | 703,000 | 718,000 | 771,000 |
| Securities available for sale | 16,579,000 | 19,398,000 | 18,080,000 | 17,272,000 |
| Securities held to maturity | 12,740,000 | 12,623,000 | 11,372,000 | 11,112,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,557,000 | 62,193,000 | 62,796,000 | 69,649,000 |
| Interest-bearing deposits | 50,002,000 | 52,359,000 | 51,750,000 | 58,716,000 |
| Noninterest-bearing deposits | 8,555,000 | 9,834,000 | 11,046,000 | 10,933,000 |
| Equity capital | 10,426,000 | 10,857,000 | 11,231,000 | 11,409,000 |
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 | 931,000 | 1,830,000 | 2,765,000 | 3,653,000 |
| Interest expense | 186,000 | 339,000 | 488,000 | 632,000 |
| Net interest income | 745,000 | 1,491,000 | 2,277,000 | 3,021,000 |
| Noninterest income | 49,000 | 89,000 | 128,000 | 169,000 |
| Noninterest expense | 442,000 | 892,000 | 1,336,000 | 1,797,000 |
| Provision for loan losses | 20,000 | 35,000 | 50,000 | 97,000 |
| Pretax income | 332,000 | 653,000 | 1,019,000 | 1,296,000 |
| Income tax | 9,000 | 23,000 | 37,000 | 55,000 |
| Net income | 323,000 | 630,000 | 982,000 | 1,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,367,000 | 9,676,000 | 10,026,000 | 10,210,000 |
| Total capital | 10,024,000 | 10,379,000 | 10,744,000 | 10,971,000 |
| Risk-weighted assets | 52,578,000 | 63,831,000 | 63,156,000 | 60,927,000 |