Call reports 2020
FIRST STATE BANK OF OLMSTED — 2020
What FIRST STATE BANK OF OLMSTED 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 | 55,883,000 | 62,855,000 | 61,143,000 | 64,705,000 |
| Total loans | 37,195,000 | 38,471,000 | 39,093,000 | 39,410,000 |
| Allowance for loan losses | 344,000 | 351,000 | 360,000 | 369,000 |
| Securities available for sale | 10,248,000 | 12,839,000 | 12,770,000 | 13,968,000 |
| Securities held to maturity | 862,000 | 771,000 | 772,000 | 772,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,706,000 | 51,456,000 | 49,596,000 | 53,152,000 |
| Interest-bearing deposits | 41,452,000 | 42,928,000 | 41,747,000 | 43,010,000 |
| Noninterest-bearing deposits | 7,254,000 | 8,528,000 | 7,849,000 | 10,142,000 |
| Equity capital | 6,851,000 | 7,122,000 | 7,243,000 | 7,260,000 |
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 | 600,000 | 1,183,000 | 1,744,000 | 2,302,000 |
| Interest expense | 94,000 | 186,000 | 266,000 | 334,000 |
| Net interest income | 506,000 | 997,000 | 1,478,000 | 1,968,000 |
| Noninterest income | 49,000 | 115,000 | 163,000 | 227,000 |
| Noninterest expense | 353,000 | 701,000 | 1,070,000 | 1,470,000 |
| Provision for loan losses | 3,000 | 12,000 | 21,000 | 30,000 |
| Pretax income | 199,000 | 399,000 | 550,000 | 695,000 |
| Income tax | 48,000 | 84,000 | 108,000 | 131,000 |
| Net income | 151,000 | 315,000 | 442,000 | 564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,990,000 | 7,323,000 | 7,438,000 | 7,427,000 |
| Total capital | 7,334,000 | 7,674,000 | 7,798,000 | 7,796,000 |
| Risk-weighted assets | 34,295,000 | 36,314,000 | 39,093,000 | 37,623,000 |