Call reports 2020
SLOAN STATE BANK — 2020
What SLOAN 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 | 56,891,000 | 60,889,000 | 58,551,000 | 62,327,000 |
| Total loans | 27,766,000 | 27,256,000 | 27,971,000 | 27,227,000 |
| Allowance for loan losses | 309,000 | 309,000 | 309,000 | 304,000 |
| Securities available for sale | 20,162,000 | 21,653,000 | 23,246,000 | 27,635,000 |
| Securities held to maturity | 0 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,751,000 | 53,427,000 | 51,047,000 | 54,971,000 |
| Interest-bearing deposits | 39,806,000 | 42,434,000 | 40,152,000 | 42,462,000 |
| Noninterest-bearing deposits | 9,945,000 | 10,993,000 | 10,895,000 | 12,509,000 |
| Equity capital | 7,044,000 | 7,369,000 | 7,398,000 | 7,273,000 |
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 | 581,000 | 1,061,000 | 1,542,000 | 2,080,000 |
| Interest expense | 61,000 | 114,000 | 163,000 | 207,000 |
| Net interest income | 520,000 | 947,000 | 1,379,000 | 1,873,000 |
| Noninterest income | 24,000 | 92,000 | 113,000 | 91,000 |
| Noninterest expense | 263,000 | 508,000 | 754,000 | 1,050,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 281,000 | 531,000 | 738,000 | 914,000 |
| Income tax | 13,000 | 25,000 | 35,000 | 43,000 |
| Net income | 268,000 | 506,000 | 703,000 | 871,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,882,000 | 6,950,000 | 6,874,000 | 6,726,000 |
| Total capital | 7,191,000 | — | — | — |
| Risk-weighted assets | 31,601,000 | — | — | — |