Call reports 2020
PICKENS SAVINGS AND LOAN ASSOCIATION, FEDERAL ASSOCIATION — 2020
What PICKENS SAVINGS AND LOAN ASSOCIATION, FEDERAL ASSOCIATION 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 | 102,536,000 | 108,395,000 | 109,319,000 | 111,698,000 |
| Total loans | 56,672,000 | 58,671,000 | 59,793,000 | 60,319,000 |
| Allowance for loan losses | 850,000 | 850,000 | 847,000 | 847,000 |
| Securities available for sale | 31,342,000 | 32,650,000 | 35,938,000 | 37,072,000 |
| Securities held to maturity | 2,340,000 | 2,217,000 | 2,215,000 | 2,212,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,752,000 | 88,364,000 | 89,175,000 | 91,660,000 |
| Interest-bearing deposits | 79,798,000 | 84,157,000 | 85,294,000 | 88,135,000 |
| Noninterest-bearing deposits | 2,954,000 | 4,207,000 | 3,881,000 | 3,525,000 |
| Equity capital | 11,829,000 | 12,055,000 | 12,302,000 | 12,660,000 |
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 | 925,000 | 1,804,000 | 2,753,000 | 3,688,000 |
| Interest expense | 175,000 | 333,000 | 474,000 | 593,000 |
| Net interest income | 750,000 | 1,471,000 | 2,279,000 | 3,095,000 |
| Noninterest income | 63,000 | 117,000 | 179,000 | 247,000 |
| Noninterest expense | 679,000 | 1,359,000 | 2,049,000 | 2,771,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 2,000 |
| Pretax income | 134,000 | 273,000 | 458,000 | 620,000 |
| Income tax | 12,000 | 21,000 | 47,000 | 57,000 |
| Net income | 122,000 | 252,000 | 411,000 | 563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,084,000 | 11,124,000 | 11,286,000 | 11,441,000 |
| Total capital | 11,715,000 | 11,774,000 | 11,941,000 | 12,109,000 |
| Risk-weighted assets | 50,275,000 | 51,763,000 | 52,184,000 | 53,267,000 |