Call reports 2017
SWEDISH-AMERICAN STATE BANK — 2017
What SWEDISH-AMERICAN STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 57,616,000 | 52,593,000 | 49,478,000 | 47,646,000 |
| Total loans | 40,400,000 | 38,970,000 | 37,428,000 | 36,049,000 |
| Allowance for loan losses | 792,000 | 543,000 | 785,000 | 800,000 |
| Securities available for sale | 12,539,000 | 12,213,000 | 11,097,000 | 10,714,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,873,000 | 47,642,000 | 40,619,000 | 40,349,000 |
| Interest-bearing deposits | 43,457,000 | 41,056,000 | 34,847,000 | 33,268,000 |
| Noninterest-bearing deposits | 7,416,000 | 6,586,000 | 5,772,000 | 7,081,000 |
| Equity capital | 4,381,000 | 4,460,000 | 3,879,000 | 3,876,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 610,000 | 1,174,000 | 1,769,000 | 2,313,000 |
| Interest expense | 82,000 | 159,000 | 233,000 | 306,000 |
| Net interest income | 528,000 | 1,015,000 | 1,536,000 | 2,007,000 |
| Noninterest income | 23,000 | 42,000 | 66,000 | 84,000 |
| Noninterest expense | 346,000 | 700,000 | 980,000 | 1,382,000 |
| Provision for loan losses | 45,000 | 545,000 | 1,432,000 | 1,432,000 |
| Pretax income | 160,000 | -188,000 | -837,000 | -750,000 |
| Income tax | 56,000 | 37,000 | -36,000 | -30,000 |
| Net income | 104,000 | -225,000 | -801,000 | -720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,547,000 | 4,460,000 | 3,904,000 | 3,986,000 |
| Total capital | 5,064,000 | 4,927,000 | 4,325,000 | 4,391,000 |
| Risk-weighted assets | 41,066,000 | 37,255,000 | 33,297,000 | 31,982,000 |