Call reports 2020
NORTH ADAMS STATE BANK — 2020
What NORTH ADAMS 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 | 37,112,000 | 43,681,000 | 43,770,000 | 42,786,000 |
| Total loans | 25,140,000 | 26,252,000 | 28,375,000 | 26,740,000 |
| Allowance for loan losses | 151,000 | 174,000 | 170,000 | 198,000 |
| Securities available for sale | 6,224,000 | 7,191,000 | 7,030,000 | 6,789,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,519,000 | 32,746,000 | 33,054,000 | 32,004,000 |
| Interest-bearing deposits | 23,066,000 | 23,499,000 | 23,924,000 | 22,641,000 |
| Noninterest-bearing deposits | 7,453,000 | 9,247,000 | 9,130,000 | 9,363,000 |
| Equity capital | 5,776,000 | 6,079,000 | 6,204,000 | 6,321,000 |
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 | 427,000 | 841,000 | 1,277,000 | 1,718,000 |
| Interest expense | 65,000 | 128,000 | 179,000 | 217,000 |
| Net interest income | 362,000 | 713,000 | 1,098,000 | 1,501,000 |
| Noninterest income | 29,000 | 58,000 | 94,000 | 132,000 |
| Noninterest expense | 297,000 | 585,000 | 878,000 | 1,161,000 |
| Provision for loan losses | 5,000 | 32,000 | 34,000 | 66,000 |
| Pretax income | 92,000 | 157,000 | 283,000 | 409,000 |
| Income tax | 22,000 | 41,000 | 71,000 | 92,000 |
| Net income | 70,000 | 116,000 | 212,000 | 317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,729,000 | 5,776,000 | 5,871,000 | 5,978,000 |