Call reports 2021
NORTH ADAMS STATE BANK — 2021
What NORTH ADAMS STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 46,595,000 | 47,310,000 | 48,790,000 | 49,466,000 |
| Total loans | 27,000,000 | 26,191,000 | 26,869,000 | 25,845,000 |
| Allowance for loan losses | 181,000 | 209,000 | 213,000 | 211,000 |
| Securities available for sale | 7,271,000 | 9,099,000 | 10,947,000 | 11,354,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,760,000 | 36,364,000 | 37,939,000 | 38,661,000 |
| Interest-bearing deposits | 24,982,000 | 25,800,000 | 26,366,000 | 25,148,000 |
| Noninterest-bearing deposits | 10,778,000 | 10,564,000 | 11,573,000 | 13,513,000 |
| Equity capital | 6,353,000 | 6,461,000 | 6,595,000 | 6,629,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 408,000 | 853,000 | 1,293,000 | 1,753,000 |
| Interest expense | 28,000 | 55,000 | 81,000 | 106,000 |
| Net interest income | 380,000 | 798,000 | 1,212,000 | 1,647,000 |
| Noninterest income | 30,000 | 65,000 | 101,000 | 126,000 |
| Noninterest expense | 278,000 | 563,000 | 846,000 | 1,166,000 |
| Provision for loan losses | 5,000 | 33,000 | 37,000 | 55,000 |
| Pretax income | 127,000 | 267,000 | 430,000 | 552,000 |
| Income tax | 32,000 | 73,000 | 114,000 | 126,000 |
| Net income | 95,000 | 194,000 | 316,000 | 426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,073,000 | 6,172,000 | 6,292,000 | 6,404,000 |