Call reports 2021
GARRETT STATE BANK, THE — 2021
What GARRETT STATE BANK, THE 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 | 294,438,000 | 304,865,000 | 304,587,000 | 315,427,000 |
| Total loans | 216,996,000 | 224,105,000 | 233,559,000 | 239,209,000 |
| Allowance for loan losses | 2,320,000 | 2,320,000 | 2,327,000 | 2,343,000 |
| Securities available for sale | 31,214,000 | 24,233,000 | 23,936,000 | 21,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,446,000 | 260,420,000 | 259,361,000 | 270,261,000 |
| Interest-bearing deposits | 191,096,000 | 200,120,000 | 194,944,000 | 203,503,000 |
| Noninterest-bearing deposits | 57,350,000 | 60,300,000 | 64,417,000 | 66,758,000 |
| Equity capital | 29,540,000 | 30,331,000 | 30,968,000 | 30,893,000 |
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 | 2,635,000 | 5,468,000 | 8,253,000 | 10,952,000 |
| Interest expense | 291,000 | 540,000 | 758,000 | 967,000 |
| Net interest income | 2,344,000 | 4,928,000 | 7,495,000 | 9,985,000 |
| Noninterest income | 186,000 | 372,000 | 558,000 | 778,000 |
| Noninterest expense | 1,265,000 | 2,683,000 | 4,101,000 | 5,718,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 1,250,000 | 2,587,000 | 3,907,000 | 4,985,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,250,000 | 2,587,000 | 3,907,000 | 4,985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,938,000 | 29,665,000 | 30,270,000 | 30,478,000 |
| Total capital | 30,945,000 | 31,605,000 | 32,347,000 | 32,532,000 |
| Risk-weighted assets | 160,251,000 | 154,855,000 | 165,975,000 | 164,035,000 |