Call reports 2020
GARRETT STATE BANK, THE — 2020
What GARRETT STATE BANK, THE 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 | 277,147,000 | 302,281,000 | 287,953,000 | 296,732,000 |
| Total loans | 187,034,000 | 199,762,000 | 205,477,000 | 209,689,000 |
| Allowance for loan losses | 1,979,000 | 2,113,000 | 2,230,000 | 2,319,000 |
| Securities available for sale | 31,390,000 | 35,062,000 | 35,755,000 | 36,236,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,868,000 | 256,431,000 | 241,515,000 | 250,600,000 |
| Interest-bearing deposits | 190,005,000 | 207,978,000 | 188,892,000 | 198,941,000 |
| Noninterest-bearing deposits | 40,863,000 | 48,453,000 | 52,623,000 | 51,659,000 |
| Equity capital | 28,074,000 | 29,068,000 | 29,577,000 | 29,245,000 |
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 | 3,431,000 | 6,162,000 | 8,775,000 | 11,325,000 |
| Interest expense | 515,000 | 933,000 | 1,292,000 | 1,605,000 |
| Net interest income | 2,916,000 | 5,229,000 | 7,483,000 | 9,720,000 |
| Noninterest income | 193,000 | 357,000 | 538,000 | 701,000 |
| Noninterest expense | 1,271,000 | 2,560,000 | 3,849,000 | 5,587,000 |
| Provision for loan losses | 50,000 | 180,000 | 320,000 | 410,000 |
| Pretax income | 1,825,000 | 2,883,000 | 3,889,000 | 4,461,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,825,000 | 2,883,000 | 3,889,000 | 4,461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,676,000 | 28,194,000 | 28,600,000 | 28,272,000 |
| Total capital | 29,425,000 | 30,046,000 | 30,523,000 | 30,234,000 |
| Risk-weighted assets | 139,740,000 | 147,948,000 | 153,551,000 | 156,636,000 |