Call reports 2021
SWEDISH-AMERICAN STATE BANK — 2021
What SWEDISH-AMERICAN STATE BANK 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 | 51,558,000 | 49,208,000 | 51,402,000 | 52,128,000 |
| Total loans | 31,322,000 | 31,225,000 | 30,872,000 | 32,785,000 |
| Allowance for loan losses | 636,000 | 642,000 | 643,000 | 645,000 |
| Securities available for sale | 10,239,000 | 11,814,000 | 14,218,000 | 17,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,735,000 | 43,384,000 | 45,325,000 | 45,992,000 |
| Interest-bearing deposits | 33,833,000 | 34,292,000 | 35,932,000 | 34,878,000 |
| Noninterest-bearing deposits | 11,902,000 | 9,092,000 | 9,393,000 | 11,114,000 |
| Equity capital | 5,772,000 | 5,787,000 | 6,035,000 | 6,096,000 |
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 | 498,000 | 1,249,000 | 1,943,000 | 2,473,000 |
| Interest expense | 64,000 | 127,000 | 188,000 | 245,000 |
| Net interest income | 434,000 | 1,122,000 | 1,755,000 | 2,228,000 |
| Noninterest income | 46,000 | 88,000 | 115,000 | 223,000 |
| Noninterest expense | 327,000 | 653,000 | 1,012,000 | 1,433,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 163,000 | 560,000 | 867,000 | 918,000 |
| Income tax | 5,000 | 22,000 | 36,000 | 38,000 |
| Net income | 158,000 | 538,000 | 831,000 | 880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,651,000 | 5,682,000 | 5,975,000 | 6,024,000 |
| Total capital | 6,008,000 | 6,057,000 | 6,362,000 | 6,443,000 |
| Risk-weighted assets | 28,243,000 | 29,743,000 | 30,770,000 | 33,405,000 |