Call reports 2021
STATE EXCHANGE BANK, THE — 2021
What STATE EXCHANGE BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 78,148,000 | 79,996,000 | 80,624,000 | 84,597,000 |
| Total loans | 65,829,000 | 67,141,000 | 62,772,000 | 68,500,000 |
| Allowance for loan losses | 1,295,000 | 1,513,000 | 1,635,000 | 1,666,000 |
| Securities available for sale | 1,797,000 | 3,180,000 | 3,508,000 | 4,031,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,987,000 | 67,087,000 | 67,567,000 | 71,268,000 |
| Interest-bearing deposits | 50,366,000 | 54,485,000 | 55,717,000 | 56,453,000 |
| Noninterest-bearing deposits | 14,622,000 | 12,602,000 | 11,850,000 | 14,814,000 |
| Equity capital | 8,546,000 | 9,270,000 | 9,403,000 | 9,779,000 |
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 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 941,000 | 2,155,000 | 3,319,000 | 4,243,000 |
| Interest expense | 124,000 | 236,000 | 345,000 | 452,000 |
| Net interest income | 817,000 | 1,919,000 | 2,974,000 | 3,791,000 |
| Noninterest income | 80,000 | 199,000 | 263,000 | 333,000 |
| Noninterest expense | 437,000 | 871,000 | 1,342,000 | 1,812,000 |
| Provision for loan losses | 60,000 | 100,000 | 220,000 | 220,000 |
| Pretax income | 400,000 | 1,147,000 | 1,675,000 | 2,092,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 400,000 | 1,147,000 | 1,675,000 | 2,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,481,000 | 9,228,000 | 9,356,000 | 9,773,000 |