Call reports 2020
LAURENS STATE BANK — 2020
What LAURENS 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 | 70,192,000 | 71,992,000 | 74,530,000 | 78,966,000 |
| Total loans | 26,866,000 | 27,412,000 | 27,306,000 | 27,165,000 |
| Allowance for loan losses | 342,000 | 342,000 | 343,000 | 343,000 |
| Securities available for sale | 20,078,000 | 11,589,000 | 18,255,000 | 22,132,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,865,000 | 62,648,000 | 65,128,000 | 69,508,000 |
| Interest-bearing deposits | 48,733,000 | 48,507,000 | 49,397,000 | 51,730,000 |
| Noninterest-bearing deposits | 12,132,000 | 14,141,000 | 15,731,000 | 17,778,000 |
| Equity capital | 8,573,000 | 8,573,000 | 8,625,000 | 8,719,000 |
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 | 555,000 | 1,116,000 | 1,606,000 | 2,073,000 |
| Interest expense | 81,000 | 154,000 | 216,000 | 267,000 |
| Net interest income | 474,000 | 962,000 | 1,390,000 | 1,806,000 |
| Noninterest income | 55,000 | 95,000 | 140,000 | 189,000 |
| Noninterest expense | 312,000 | 645,000 | 951,000 | 1,299,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 227,000 | 422,000 | 589,000 | 706,000 |
| Income tax | 10,000 | 19,000 | 26,000 | 31,000 |
| Net income | 217,000 | 403,000 | 563,000 | 675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,332,000 | 8,355,000 | 8,440,000 | 8,552,000 |