Call reports 2013
SWEDISH-AMERICAN STATE BANK — 2013
What SWEDISH-AMERICAN STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 44,881,000 | 44,890,000 | 46,162,000 | 47,695,000 |
| Total loans | 26,593,000 | 30,370,000 | 33,296,000 | 35,624,000 |
| Allowance for loan losses | 339,000 | 340,000 | 355,000 | 440,000 |
| Securities available for sale | 13,155,000 | 12,222,000 | 11,121,000 | 10,604,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,755,000 | 37,311,000 | 36,722,000 | 37,818,000 |
| Interest-bearing deposits | 33,324,000 | 31,211,000 | 31,611,000 | 31,531,000 |
| Noninterest-bearing deposits | 7,431,000 | 6,100,000 | 5,111,000 | 6,287,000 |
| Equity capital | 3,765,000 | 3,667,000 | 3,713,000 | 3,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 440,000 | 874,000 | 1,351,000 | 1,854,000 |
| Interest expense | 54,000 | 104,000 | 155,000 | 205,000 |
| Net interest income | 386,000 | 770,000 | 1,196,000 | 1,649,000 |
| Noninterest income | 30,000 | 56,000 | 83,000 | 107,000 |
| Noninterest expense | 316,000 | 629,000 | 962,000 | 1,273,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 115,000 |
| Pretax income | 100,000 | 221,000 | 321,000 | 391,000 |
| Income tax | 29,000 | 64,000 | 76,000 | 125,000 |
| Net income | 71,000 | 157,000 | 245,000 | 266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,673,000 | 3,760,000 | 3,847,000 | 3,819,000 |
| Total capital | 4,008,000 | 4,100,000 | 4,202,000 | 4,251,000 |
| Risk-weighted assets | 26,834,000 | 29,814,000 | 32,504,000 | 34,544,000 |