Call reports 2017
1ST STATE BANK OF MASON CITY — 2017
What 1ST STATE BANK OF MASON CITY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 29,143,000 | 28,170,000 | 27,582,000 | 26,804,000 |
| Total loans | 11,190,000 | 11,058,000 | 10,859,000 | 10,653,000 |
| Allowance for loan losses | 149,000 | 153,000 | 170,000 | 124,000 |
| Securities available for sale | 9,681,000 | 10,223,000 | 9,879,000 | 9,677,000 |
| Securities held to maturity | 530,000 | 488,000 | 422,000 | 396,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,537,000 | 24,408,000 | 23,811,000 | 23,032,000 |
| Interest-bearing deposits | 20,805,000 | 20,213,000 | 19,885,000 | 18,742,000 |
| Noninterest-bearing deposits | 4,732,000 | 4,195,000 | 3,926,000 | 4,290,000 |
| Equity capital | 3,575,000 | 3,728,000 | 3,759,000 | 3,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 213,000 | 431,000 | 647,000 | 865,000 |
| Interest expense | 23,000 | 47,000 | 70,000 | 94,000 |
| Net interest income | 190,000 | 384,000 | 577,000 | 771,000 |
| Noninterest income | 25,000 | 60,000 | 92,000 | 122,000 |
| Noninterest expense | 140,000 | 283,000 | 421,000 | 575,000 |
| Provision for loan losses | 0 | 15,000 | 32,000 | 78,000 |
| Pretax income | 75,000 | 146,000 | 216,000 | 240,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 75,000 | 146,000 | 216,000 | 240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,665,000 | 3,735,000 | 3,790,000 | 3,815,000 |
| Total capital | 3,814,000 | 3,888,000 | 3,945,000 | 3,939,000 |
| Risk-weighted assets | 13,007,000 | 12,862,000 | 12,423,000 | 12,017,000 |