Call reports 2020
IPSWICH STATE BANK — 2020
What IPSWICH 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 | 57,755,000 | 60,698,000 | 59,679,000 | 63,506,000 |
| Total loans | 29,755,000 | 31,204,000 | 29,225,000 | 26,699,000 |
| Allowance for loan losses | 131,000 | 131,000 | 131,000 | 131,000 |
| Securities available for sale | 9,563,000 | 10,589,000 | 11,686,000 | 15,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,768,000 | 50,435,000 | 49,298,000 | 52,935,000 |
| Interest-bearing deposits | 36,825,000 | 39,194,000 | 37,897,000 | 39,237,000 |
| Noninterest-bearing deposits | 10,943,000 | 11,241,000 | 11,401,000 | 13,698,000 |
| Equity capital | 9,123,000 | 9,372,000 | 9,533,000 | 9,718,000 |
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 | 516,000 | 1,023,000 | 1,524,000 | 1,979,000 |
| Interest expense | 93,000 | 188,000 | 279,000 | 361,000 |
| Net interest income | 423,000 | 835,000 | 1,245,000 | 1,618,000 |
| Noninterest income | 33,000 | 89,000 | 115,000 | 278,000 |
| Noninterest expense | 286,000 | 566,000 | 822,000 | 1,142,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 170,000 | 358,000 | 538,000 | 754,000 |
| Income tax | 2,000 | 13,000 | 22,000 | 31,000 |
| Net income | 168,000 | 345,000 | 516,000 | 723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,903,000 | 9,089,000 | 9,268,000 | 9,484,000 |
| Total capital | 9,034,000 | 9,220,000 | 9,399,000 | 9,615,000 |
| Risk-weighted assets | 39,024,000 | 39,527,000 | 37,561,000 | 36,805,000 |