Call reports 2020
1ST STATE BANK — 2020
What 1ST 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 | 317,734,000 | 413,757,000 | 408,508,000 | 413,183,000 |
| Total loans | 213,648,000 | 282,025,000 | 290,019,000 | 278,478,000 |
| Allowance for loan losses | 3,448,000 | 3,707,000 | 4,057,000 | 4,835,000 |
| Securities available for sale | 4,084,000 | 7,617,000 | 15,726,000 | 21,147,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,596,000 | 362,963,000 | 357,350,000 | 362,051,000 |
| Interest-bearing deposits | 155,422,000 | 178,944,000 | 176,447,000 | 192,101,000 |
| Noninterest-bearing deposits | 115,174,000 | 184,019,000 | 180,903,000 | 169,950,000 |
| Equity capital | 30,014,000 | 31,019,000 | 31,832,000 | 32,934,000 |
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 | 3,192,000 | 6,523,000 | 9,856,000 | 14,008,000 |
| Interest expense | 356,000 | 542,000 | 702,000 | 825,000 |
| Net interest income | 2,836,000 | 5,981,000 | 9,154,000 | 13,183,000 |
| Noninterest income | 500,000 | 1,110,000 | 1,821,000 | 2,743,000 |
| Noninterest expense | 2,158,000 | 4,456,000 | 6,834,000 | 9,600,000 |
| Provision for loan losses | 225,000 | 475,000 | 825,000 | 1,600,000 |
| Pretax income | 953,000 | 2,160,000 | 3,316,000 | 4,726,000 |
| Income tax | 202,000 | 458,000 | 703,000 | 1,002,000 |
| Net income | 751,000 | 1,702,000 | 2,613,000 | 3,724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,969,000 | 30,913,000 | 31,766,000 | 32,852,000 |
| Total capital | 33,282,000 | 34,041,000 | 35,065,000 | 36,128,000 |
| Risk-weighted assets | 264,927,000 | 249,672,000 | 263,147,000 | 260,521,000 |