Call reports 2020
LOGAN STATE BANK — 2020
What LOGAN 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 | 69,871,000 | 70,105,000 | 71,964,000 | 75,568,000 |
| Total loans | 57,487,000 | 63,489,000 | 63,799,000 | 59,934,000 |
| Allowance for loan losses | 473,000 | 482,000 | 501,000 | 510,000 |
| Securities available for sale | 891,000 | 891,000 | 645,000 | 639,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,804,000 | 64,657,000 | 66,496,000 | 70,091,000 |
| Interest-bearing deposits | 49,854,000 | 52,437,000 | 53,586,000 | 56,285,000 |
| Noninterest-bearing deposits | 11,950,000 | 12,220,000 | 12,910,000 | 13,806,000 |
| Equity capital | 4,888,000 | 5,052,000 | 5,072,000 | 5,259,000 |
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 | 784,000 | 1,578,000 | 2,381,000 | 3,263,000 |
| Interest expense | 202,000 | 389,000 | 561,000 | 727,000 |
| Net interest income | 582,000 | 1,189,000 | 1,820,000 | 2,536,000 |
| Noninterest income | 45,000 | 99,000 | 191,000 | 247,000 |
| Noninterest expense | 465,000 | 894,000 | 1,418,000 | 1,884,000 |
| Provision for loan losses | 9,000 | 18,000 | 37,000 | 46,000 |
| Pretax income | 151,000 | 374,000 | 554,000 | 852,000 |
| Income tax | 9,000 | 18,000 | 27,000 | 43,000 |
| Net income | 142,000 | 356,000 | 527,000 | 809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,834,000 | 4,997,000 | 5,018,000 | 5,211,000 |
| Total capital | 5,307,000 | 5,479,000 | 5,519,000 | 5,721,000 |
| Risk-weighted assets | 44,868,000 | 45,652,000 | 45,142,000 | 45,800,000 |