Call reports 2019
1ST STATE BANK OF MASON CITY — 2019
What 1ST STATE BANK OF MASON CITY 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 | 27,328,000 | 25,928,000 | 25,319,000 | 24,888,000 |
| Total loans | 9,288,000 | 9,250,000 | 9,330,000 | 8,597,000 |
| Allowance for loan losses | 113,000 | 108,000 | 108,000 | 355,000 |
| Securities available for sale | 11,345,000 | 11,184,000 | 10,453,000 | 9,910,000 |
| Securities held to maturity | 282,000 | 265,000 | 243,000 | 222,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,624,000 | 22,003,000 | 21,370,000 | 21,259,000 |
| Interest-bearing deposits | 18,186,000 | 16,936,000 | 16,757,000 | 16,665,000 |
| Noninterest-bearing deposits | 5,438,000 | 5,067,000 | 4,613,000 | 4,594,000 |
| Equity capital | 3,673,000 | 3,892,000 | 3,936,000 | 3,590,000 |
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 | 231,000 | 460,000 | 677,000 | 891,000 |
| Interest expense | 27,000 | 55,000 | 85,000 | 117,000 |
| Net interest income | 204,000 | 405,000 | 592,000 | 774,000 |
| Noninterest income | 17,000 | 37,000 | 57,000 | 70,000 |
| Noninterest expense | 138,000 | 302,000 | 461,000 | 624,000 |
| Provision for loan losses | 0 | 0 | 0 | 285,000 |
| Pretax income | 83,000 | 140,000 | 188,000 | -65,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 83,000 | 140,000 | 188,000 | -65,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,770,000 | 3,809,000 | 3,843,000 | 3,492,000 |
| Total capital | 3,883,000 | 3,917,000 | 3,951,000 | 3,632,000 |
| Risk-weighted assets | 11,674,000 | 11,283,000 | 11,149,000 | 11,007,000 |