Call reports 2020
WHITE STATE BANK — 2020
What WHITE 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 | 41,505,000 | 44,359,000 | 43,262,000 | 45,173,000 |
| Total loans | 24,646,000 | 27,249,000 | 25,123,000 | 23,845,000 |
| Allowance for loan losses | 328,000 | 333,000 | 337,000 | 338,000 |
| Securities available for sale | 11,970,000 | 12,987,000 | 13,721,000 | 15,292,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,872,000 | 37,003,000 | 35,811,000 | 37,424,000 |
| Interest-bearing deposits | 27,118,000 | 28,738,000 | 27,962,000 | 28,990,000 |
| Noninterest-bearing deposits | 7,754,000 | 8,265,000 | 7,849,000 | 8,434,000 |
| Equity capital | 6,402,000 | 7,142,000 | 7,208,000 | 7,398,000 |
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 | 400,000 | 793,000 | 1,185,000 | 1,573,000 |
| Interest expense | 57,000 | 112,000 | 162,000 | 209,000 |
| Net interest income | 343,000 | 681,000 | 1,023,000 | 1,364,000 |
| Noninterest income | 25,000 | 90,000 | 109,000 | 127,000 |
| Noninterest expense | 178,000 | 361,000 | 524,000 | 793,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 208,000 | 428,000 | 634,000 | 725,000 |
| Income tax | 50,000 | 104,000 | 153,000 | 178,000 |
| Net income | 158,000 | 324,000 | 481,000 | 547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,763,000 | 5,929,000 | 5,886,000 | 5,952,000 |