Call reports 2021
1ST STATE BANK — 2021
What 1ST STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 458,234,000 | 450,412,000 | 452,392,000 | 456,542,000 |
| Total loans | 286,983,000 | 274,906,000 | 252,087,000 | 249,508,000 |
| Allowance for loan losses | 4,939,000 | 4,991,000 | 4,995,000 | 5,003,000 |
| Securities available for sale | 27,702,000 | 31,810,000 | 42,952,000 | 61,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 404,973,000 | 396,033,000 | 397,315,000 | 403,161,000 |
| Interest-bearing deposits | 203,800,000 | 203,513,000 | 199,764,000 | 210,512,000 |
| Noninterest-bearing deposits | 201,173,000 | 192,520,000 | 197,551,000 | 192,649,000 |
| Equity capital | 34,118,000 | 35,340,000 | 36,856,000 | 37,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,849,000 | 7,383,000 | 11,091,000 | 14,985,000 |
| Interest expense | 107,000 | 206,000 | 302,000 | 390,000 |
| Net interest income | 3,742,000 | 7,177,000 | 10,789,000 | 14,595,000 |
| Noninterest income | 665,000 | 1,341,000 | 2,059,000 | 2,706,000 |
| Noninterest expense | 2,360,000 | 4,979,000 | 7,467,000 | 10,132,000 |
| Provision for loan losses | 250,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | 1,797,000 | 3,239,000 | 5,081,000 | 6,773,000 |
| Income tax | 374,000 | 672,000 | 1,055,000 | 1,405,000 |
| Net income | 1,423,000 | 2,567,000 | 4,026,000 | 5,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,260,000 | 35,388,000 | 36,832,000 | 38,171,000 |
| Total capital | 37,539,000 | 38,853,000 | 40,374,000 | 41,946,000 |
| Risk-weighted assets | 260,660,000 | 275,713,000 | 281,898,000 | 300,917,000 |