Call reports 2020
STATE EXCHANGE BANK, THE — 2020
What STATE EXCHANGE BANK, THE 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 | 65,806,000 | 71,371,000 | 71,780,000 | 70,737,000 |
| Total loans | 53,412,000 | 60,902,000 | 61,685,000 | 59,486,000 |
| Allowance for loan losses | 1,023,000 | 1,089,000 | 1,171,000 | 1,203,000 |
| Securities available for sale | 2,970,000 | 2,822,000 | 1,914,000 | 1,985,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,376,000 | 57,445,000 | 57,915,000 | 57,602,000 |
| Interest-bearing deposits | 43,590,000 | 42,960,000 | 44,830,000 | 43,835,000 |
| Noninterest-bearing deposits | 11,786,000 | 14,486,000 | 13,084,000 | 13,768,000 |
| Equity capital | 7,815,000 | 8,292,000 | 8,215,000 | 8,573,000 |
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 | 747,000 | 1,761,000 | 2,664,000 | 3,595,000 |
| Interest expense | 211,000 | 391,000 | 549,000 | 681,000 |
| Net interest income | 536,000 | 1,370,000 | 2,115,000 | 2,914,000 |
| Noninterest income | 35,000 | 136,000 | 181,000 | 229,000 |
| Noninterest expense | 430,000 | 874,000 | 1,320,000 | 1,748,000 |
| Provision for loan losses | 30,000 | 90,000 | 150,000 | 210,000 |
| Pretax income | 122,000 | 553,000 | 837,000 | 1,196,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 122,000 | 553,000 | 837,000 | 1,196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,777,000 | 8,209,000 | 8,133,000 | 8,491,000 |