Call reports 2020
SWEDISH-AMERICAN STATE BANK — 2020
What SWEDISH-AMERICAN STATE BANK 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 | 41,895,000 | 46,775,000 | 43,683,000 | 44,017,000 |
| Total loans | 30,378,000 | 34,348,000 | 34,161,000 | 32,814,000 |
| Allowance for loan losses | 632,000 | 630,000 | 628,000 | 634,000 |
| Securities available for sale | 7,042,000 | 6,809,000 | 6,485,000 | 8,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,558,000 | 39,494,000 | 36,216,000 | 38,154,000 |
| Interest-bearing deposits | 28,842,000 | 29,598,000 | 28,212,000 | 28,581,000 |
| Noninterest-bearing deposits | 7,716,000 | 9,896,000 | 8,004,000 | 9,573,000 |
| Equity capital | 5,187,000 | 5,352,000 | 5,542,000 | 5,752,000 |
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 | 518,000 | 1,036,000 | 1,578,000 | 2,150,000 |
| Interest expense | 72,000 | 136,000 | 200,000 | 265,000 |
| Net interest income | 446,000 | 900,000 | 1,378,000 | 1,885,000 |
| Noninterest income | 57,000 | 110,000 | 159,000 | 255,000 |
| Noninterest expense | 318,000 | 644,000 | 967,000 | 1,336,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 185,000 | 366,000 | 570,000 | 795,000 |
| Income tax | 4,000 | 16,000 | 25,000 | 35,000 |
| Net income | 181,000 | 350,000 | 545,000 | 760,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,057,000 | 5,154,000 | 5,348,000 | 5,568,000 |
| Total capital | 5,469,000 | 5,557,000 | 5,725,000 | 5,964,000 |
| Risk-weighted assets | 32,767,000 | 32,049,000 | 29,890,000 | 31,473,000 |