Call reports 2020
HURON VALLEY STATE BANK — 2020
What HURON VALLEY 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 | 162,870,000 | 190,231,000 | 192,744,000 | 192,244,000 |
| Total loans | 138,515,000 | 158,728,000 | 154,095,000 | 150,987,000 |
| Allowance for loan losses | 1,259,000 | 1,559,000 | 1,562,000 | 1,593,000 |
| Securities available for sale | 1,714,000 | 575,000 | 499,000 | 2,542,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,570,000 | 172,705,000 | 174,758,000 | 174,457,000 |
| Interest-bearing deposits | 90,924,000 | 97,403,000 | 102,127,000 | 102,010,000 |
| Noninterest-bearing deposits | 50,646,000 | 75,302,000 | 72,631,000 | 72,447,000 |
| Equity capital | 16,996,000 | 17,157,000 | 17,590,000 | 17,633,000 |
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 | 1,744,000 | 3,611,000 | 5,454,000 | 7,177,000 |
| Interest expense | 243,000 | 466,000 | 656,000 | 800,000 |
| Net interest income | 1,501,000 | 3,145,000 | 4,798,000 | 6,377,000 |
| Noninterest income | 133,000 | 258,000 | 389,000 | 543,000 |
| Noninterest expense | 1,111,000 | 2,196,000 | 3,297,000 | 4,394,000 |
| Provision for loan losses | 30,000 | 330,000 | 480,000 | 510,000 |
| Pretax income | 493,000 | 877,000 | 1,410,000 | 2,016,000 |
| Income tax | 103,000 | 184,000 | 296,000 | 423,000 |
| Net income | 390,000 | 693,000 | 1,114,000 | 1,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,961,000 | 17,124,000 | 17,553,000 | 17,598,000 |
| Total capital | 18,220,000 | 18,683,000 | 19,115,000 | 19,191,000 |
| Risk-weighted assets | 138,380,000 | 133,386,000 | 129,227,000 | 130,405,000 |