Call reports 2020
FAIRMOUNT STATE BANK, THE — 2020
What FAIRMOUNT STATE BANK, THE 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 | 45,460,000 | 47,888,000 | 47,660,000 | 51,009,000 |
| Total loans | 29,414,000 | 29,559,000 | 31,585,000 | 32,501,000 |
| Allowance for loan losses | 245,000 | 220,000 | 239,000 | 293,000 |
| Securities available for sale | 7,457,000 | 7,430,000 | 7,399,000 | 6,253,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,643,000 | 41,080,000 | 40,769,000 | 44,279,000 |
| Interest-bearing deposits | 23,339,000 | 28,878,000 | 28,768,000 | 31,330,000 |
| Noninterest-bearing deposits | 15,304,000 | 12,202,000 | 12,001,000 | 12,949,000 |
| Equity capital | 6,218,000 | 6,234,000 | 6,300,000 | 6,056,000 |
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 | 493,000 | 970,000 | 1,470,000 | 1,963,000 |
| Interest expense | 36,000 | 74,000 | 111,000 | 147,000 |
| Net interest income | 457,000 | 896,000 | 1,359,000 | 1,816,000 |
| Noninterest income | 39,000 | 78,000 | 120,000 | 165,000 |
| Noninterest expense | 387,000 | 735,000 | 1,075,000 | 1,500,000 |
| Provision for loan losses | 58,000 | 133,000 | 199,000 | 284,000 |
| Pretax income | 51,000 | 106,000 | 205,000 | 197,000 |
| Income tax | 28,000 | 41,000 | 44,000 | 57,000 |
| Net income | 23,000 | 65,000 | 161,000 | 140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,677,000 | 6,719,000 | 6,815,000 | 6,745,000 |
| Total capital | 6,922,000 | 6,940,000 | 7,054,000 | 7,038,000 |
| Risk-weighted assets | 30,258,000 | 30,928,000 | 36,061,000 | 34,332,000 |