Call reports 2020
STATE BANK OF DANVERS — 2020
What STATE BANK OF DANVERS 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 | 50,342,000 | 54,487,000 | 53,312,000 | 59,806,000 |
| Total loans | 20,306,000 | 20,587,000 | 19,533,000 | 20,309,000 |
| Allowance for loan losses | 497,000 | 496,000 | 496,000 | 494,000 |
| Securities available for sale | 18,109,000 | 22,108,000 | 21,934,000 | 23,329,000 |
| Securities held to maturity | 6,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,335,000 | 46,250,000 | 44,880,000 | 51,241,000 |
| Interest-bearing deposits | 33,563,000 | 35,772,000 | 35,277,000 | 39,983,000 |
| Noninterest-bearing deposits | 8,772,000 | 10,478,000 | 9,603,000 | 11,258,000 |
| Equity capital | 6,624,000 | 6,986,000 | 7,133,000 | 7,359,000 |
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 | 419,000 | 837,000 | 1,219,000 | 1,603,000 |
| Interest expense | 49,000 | 96,000 | 139,000 | 182,000 |
| Net interest income | 370,000 | 741,000 | 1,080,000 | 1,421,000 |
| Noninterest income | 174,000 | 198,000 | 223,000 | 301,000 |
| Noninterest expense | 201,000 | 399,000 | 657,000 | 861,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 333,000 | 533,000 | 642,000 | 862,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 333,000 | 532,000 | 641,000 | 861,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,287,000 | 6,362,000 | 6,431,000 | 6,650,000 |
| Total capital | 6,660,000 | 6,734,000 | 6,782,000 | 7,024,000 |
| Risk-weighted assets | 29,750,000 | 29,606,000 | 27,959,000 | 29,810,000 |