Call reports 2020
ALDEN STATE BANK — 2020
What ALDEN 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 | 208,342,000 | 227,390,000 | 249,718,000 | 251,030,000 |
| Total loans | 143,238,000 | 158,594,000 | 160,023,000 | 151,524,000 |
| Allowance for loan losses | 3,034,000 | 3,320,000 | 3,649,000 | 4,047,000 |
| Securities available for sale | 12,590,000 | 12,570,000 | 11,118,000 | 16,352,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,941,000 | 198,755,000 | 220,622,000 | 222,367,000 |
| Interest-bearing deposits | 132,967,000 | 133,921,000 | 99,589,000 | 110,815,000 |
| Noninterest-bearing deposits | 47,974,000 | 64,834,000 | 121,033,000 | 111,552,000 |
| Equity capital | 26,604,000 | 27,380,000 | 27,959,000 | 27,802,000 |
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 | 2,144,000 | 4,172,000 | 6,228,000 | 8,914,000 |
| Interest expense | 220,000 | 422,000 | 612,000 | 805,000 |
| Net interest income | 1,924,000 | 3,750,000 | 5,616,000 | 8,109,000 |
| Noninterest income | 371,000 | 1,514,000 | 2,153,000 | 2,073,000 |
| Noninterest expense | 1,355,000 | 2,925,000 | 4,397,000 | 5,964,000 |
| Provision for loan losses | 150,000 | 375,000 | 650,000 | 1,025,000 |
| Pretax income | 790,000 | 1,964,000 | 2,722,000 | 3,193,000 |
| Income tax | 187,000 | 458,000 | 640,000 | 632,000 |
| Net income | 603,000 | 1,506,000 | 2,082,000 | 2,561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,541,000 | 26,898,000 | 27,474,000 | 27,276,000 |