Call reports 2020
DENMARK STATE BANK — 2020
What DENMARK STATE BANK 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 | 547,481,000 | 617,303,000 | 629,038,000 | 646,420,000 |
| Total loans | 442,852,000 | 469,853,000 | 473,588,000 | 478,414,000 |
| Allowance for loan losses | 6,566,000 | 6,616,000 | 6,673,000 | 7,668,000 |
| Securities available for sale | 37,648,000 | 36,375,000 | 34,625,000 | 31,329,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 468,452,000 | 532,183,000 | 543,294,000 | 572,048,000 |
| Interest-bearing deposits | 381,143,000 | 410,978,000 | 415,450,000 | 430,596,000 |
| Noninterest-bearing deposits | 87,309,000 | 121,206,000 | 127,844,000 | 141,453,000 |
| Equity capital | 54,984,000 | 55,408,000 | 56,695,000 | 56,440,000 |
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 | 5,520,000 | 11,072,000 | 16,546,000 | 22,051,000 |
| Interest expense | 1,080,000 | 2,046,000 | 2,934,000 | 4,344,000 |
| Net interest income | 4,440,000 | 9,026,000 | 13,612,000 | 17,707,000 |
| Noninterest income | 663,000 | 1,712,000 | 2,861,000 | 4,226,000 |
| Noninterest expense | 3,978,000 | 8,060,000 | 12,074,000 | 16,206,000 |
| Provision for loan losses | 35,000 | 110,000 | 185,000 | 735,000 |
| Pretax income | 1,090,000 | 2,568,000 | 4,214,000 | 5,053,000 |
| Income tax | 261,000 | 629,000 | 1,040,000 | 1,238,000 |
| Net income | 829,000 | 1,939,000 | 3,174,000 | 3,815,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,424,000 | 54,656,000 | 55,891,000 | 55,654,000 |
| Total capital | 60,027,000 | 60,256,000 | 61,570,000 | 61,373,000 |
| Risk-weighted assets | 447,244,000 | 446,999,000 | 453,332,000 | 455,606,000 |