Call reports 2020
1ST STATE BANK OF MASON CITY — 2020
What 1ST STATE BANK OF MASON CITY 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 | 27,311,000 | 32,259,000 | 30,790,000 | 28,620,000 |
| Total loans | 8,152,000 | 8,262,000 | 7,905,000 | 7,625,000 |
| Allowance for loan losses | 355,000 | 350,000 | 350,000 | 345,000 |
| Securities available for sale | 11,273,000 | 14,197,000 | 13,343,000 | 13,241,000 |
| Securities held to maturity | 207,000 | 192,000 | 182,000 | 163,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,602,000 | 24,382,000 | 22,886,000 | 24,721,000 |
| Interest-bearing deposits | 18,412,000 | 19,116,000 | 18,086,000 | 18,378,000 |
| Noninterest-bearing deposits | 5,190,000 | 5,266,000 | 4,800,000 | 6,343,000 |
| Equity capital | 3,676,000 | 3,833,000 | 3,892,000 | 3,874,000 |
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 | 198,000 | 384,000 | 567,000 | 733,000 |
| Interest expense | 31,000 | 61,000 | 89,000 | 115,000 |
| Net interest income | 167,000 | 323,000 | 478,000 | 618,000 |
| Noninterest income | 12,000 | 16,000 | 26,000 | 37,000 |
| Noninterest expense | 137,000 | 268,000 | 398,000 | 551,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 42,000 | 71,000 | 106,000 | 104,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 42,000 | 71,000 | 106,000 | 104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,425,000 | 3,452,000 | 3,488,000 | 3,485,000 |