Call reports 2021
1ST STATE BANK OF MASON CITY — 2021
What 1ST STATE BANK OF MASON CITY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Total assets | 31,836,000 | 29,695,000 | 28,801,000 |
| Total loans | 7,103,000 | 7,558,000 | 7,958,000 |
| Allowance for loan losses | 340,000 | 340,000 | 341,000 |
| Securities available for sale | 12,242,000 | 14,019,000 | 13,000,000 |
| Securities held to maturity | 150,000 | 132,000 | 120,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 28,130,000 | 25,999,000 | 26,541,000 |
| Interest-bearing deposits | 21,002,000 | 19,612,000 | 18,820,000 |
| Noninterest-bearing deposits | 7,128,000 | 6,387,000 | 7,721,000 |
| Equity capital | 3,678,000 | 3,667,000 | 2,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Interest income | 148,000 | 290,000 | 421,000 |
| Interest expense | 22,000 | 43,000 | 63,000 |
| Net interest income | 126,000 | 247,000 | 358,000 |
| Noninterest income | 12,000 | 22,000 | 24,000 |
| Noninterest expense | 125,000 | 257,000 | 506,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 13,000 | 12,000 | -124,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 13,000 | 12,000 | -124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Tier 1 capital | 3,420,000 | 3,403,000 | 1,949,000 |
| Total capital | 3,564,000 | — | 2,093,000 |
| Risk-weighted assets | 11,391,000 | — | 11,354,000 |