Call reports 2021
FIRST STATE BANK OF OLMSTED — 2021
What FIRST STATE BANK OF OLMSTED 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 | 62,040,000 | 65,432,000 | 65,238,000 | 64,123,000 |
| Total loans | 36,913,000 | 36,790,000 | 37,490,000 | 38,072,000 |
| Allowance for loan losses | 378,000 | 387,000 | 396,000 | 405,000 |
| Securities available for sale | 16,128,000 | 20,192,000 | 18,873,000 | 18,751,000 |
| Securities held to maturity | 531,000 | 900,000 | 756,000 | 857,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,406,000 | 56,640,000 | 56,309,000 | 55,424,000 |
| Interest-bearing deposits | 44,942,000 | 45,703,000 | 46,584,000 | 45,042,000 |
| Noninterest-bearing deposits | 9,464,000 | 10,937,000 | 9,725,000 | 10,382,000 |
| Equity capital | 7,328,000 | 7,566,000 | 7,698,000 | 7,494,000 |
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 | 552,000 | 1,157,000 | 1,706,000 | 2,244,000 |
| Interest expense | 59,000 | 118,000 | 174,000 | 228,000 |
| Net interest income | 493,000 | 1,039,000 | 1,532,000 | 2,016,000 |
| Noninterest income | 50,000 | 99,000 | 141,000 | 189,000 |
| Noninterest expense | 355,000 | 712,000 | 1,082,000 | 1,512,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 179,000 | 408,000 | 564,000 | 657,000 |
| Income tax | 37,000 | 22,000 | 33,000 | 56,000 |
| Net income | 142,000 | 386,000 | 531,000 | 601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,391,000 | 7,620,000 | 7,734,000 | 7,635,000 |
| Total capital | 7,769,000 | 8,007,000 | 8,130,000 | 8,040,000 |
| Risk-weighted assets | 36,535,000 | 36,764,000 | 37,021,000 | 36,178,000 |