Call reports 2019
ERICSON STATE BANK — 2019
What ERICSON STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 103,994,000 | 108,739,000 | 113,021,000 | 100,879,000 |
| Total loans | 93,590,000 | 95,516,000 | 95,756,000 | 89,325,000 |
| Allowance for loan losses | 2,622,000 | 1,841,000 | 1,824,000 | 3,185,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,858,000 | 9,647,000 | 8,620,000 | 8,665,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,385,000 | 100,003,000 | 103,570,000 | 95,159,000 |
| Interest-bearing deposits | 86,382,000 | 94,245,000 | 97,253,000 | 88,478,000 |
| Noninterest-bearing deposits | 6,003,000 | 5,758,000 | 6,317,000 | 6,681,000 |
| Equity capital | 8,094,000 | 8,186,000 | 8,780,000 | 3,718,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,538,000 | 2,940,000 | 4,559,000 | 5,978,000 |
| Interest expense | 453,000 | 940,000 | 1,468,000 | 1,997,000 |
| Net interest income | 1,085,000 | 2,000,000 | 3,091,000 | 3,981,000 |
| Noninterest income | 32,000 | 67,000 | 105,000 | 142,000 |
| Noninterest expense | 394,000 | 760,000 | 1,167,000 | 1,692,000 |
| Provision for loan losses | 50,000 | 100,000 | 100,000 | 6,963,000 |
| Pretax income | 673,000 | 1,209,000 | 1,946,000 | -4,513,000 |
| Income tax | 143,000 | 287,000 | 430,000 | -967,000 |
| Net income | 530,000 | 922,000 | 1,516,000 | -3,546,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,094,000 | 8,186,000 | 8,780,000 | 3,718,000 |
| Total capital | 9,243,000 | 9,350,000 | 9,955,000 | 4,825,000 |
| Risk-weighted assets | 90,496,000 | 92,479,000 | 93,382,000 | 86,505,000 |