Call reports 2013
1ST STATE BANK OF MASON CITY — 2013
What 1ST STATE BANK OF MASON CITY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 31,910,000 | 30,187,000 | 28,939,000 | 27,821,000 |
| Total loans | 11,705,000 | 12,201,000 | 12,352,000 | 11,786,000 |
| Allowance for loan losses | 131,000 | 130,000 | 100,000 | 112,000 |
| Securities available for sale | 7,718,000 | 7,394,000 | 8,473,000 | 8,604,000 |
| Securities held to maturity | 1,920,000 | 1,750,000 | 1,552,000 | 1,426,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,577,000 | 26,968,000 | 25,734,000 | 24,553,000 |
| Interest-bearing deposits | 23,047,000 | 22,965,000 | 22,100,000 | 20,683,000 |
| Noninterest-bearing deposits | 5,530,000 | 4,003,000 | 3,634,000 | 3,870,000 |
| Equity capital | 3,301,000 | 3,197,000 | 3,189,000 | 3,226,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 211,000 | 427,000 | 645,000 | 874,000 |
| Interest expense | 38,000 | 75,000 | 111,000 | 143,000 |
| Net interest income | 173,000 | 352,000 | 534,000 | 731,000 |
| Noninterest income | 29,000 | 59,000 | 90,000 | 117,000 |
| Noninterest expense | 134,000 | 275,000 | 405,000 | 555,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 30,000 |
| Pretax income | 69,000 | 138,000 | 201,000 | 265,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 69,000 | 138,000 | 201,000 | 265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,213,000 | 3,282,000 | 3,320,000 | 3,374,000 |
| Total capital | 3,344,000 | 3,412,000 | 3,420,000 | 3,486,000 |
| Risk-weighted assets | 13,438,000 | 14,275,000 | 13,387,000 | 12,773,000 |