Call reports 2021
DENMARK STATE BANK — 2021
What DENMARK STATE BANK 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 | 654,094,000 | 654,956,000 | 661,100,000 | 685,479,000 |
| Total loans | 478,148,000 | 487,572,000 | 472,639,000 | 479,429,000 |
| Allowance for loan losses | 7,750,000 | 7,687,000 | 7,707,000 | 7,741,000 |
| Securities available for sale | 33,383,000 | 36,798,000 | 35,464,000 | 36,463,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 586,701,000 | 591,877,000 | 596,968,000 | 621,153,000 |
| Interest-bearing deposits | 445,362,000 | 443,223,000 | 446,366,000 | 464,469,000 |
| Noninterest-bearing deposits | 141,339,000 | 148,654,000 | 150,602,000 | 156,684,000 |
| Equity capital | 57,775,000 | 58,470,000 | 60,149,000 | 60,656,000 |
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 | 5,964,000 | 11,230,000 | 17,230,000 | 22,824,000 |
| Interest expense | 1,126,000 | 1,665,000 | 2,145,000 | 2,607,000 |
| Net interest income | 4,838,000 | 9,565,000 | 15,085,000 | 20,217,000 |
| Noninterest income | 1,412,000 | 2,703,000 | 3,659,000 | 4,592,000 |
| Noninterest expense | 4,137,000 | 8,153,000 | 12,230,000 | 16,172,000 |
| Provision for loan losses | 75,000 | 0 | 0 | 0 |
| Pretax income | 2,184,000 | 4,261,000 | 6,660,000 | 8,783,000 |
| Income tax | 561,000 | 1,092,000 | 1,704,000 | 2,248,000 |
| Net income | 1,623,000 | 3,169,000 | 4,956,000 | 6,535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,278,000 | 57,945,000 | 59,732,000 | 60,434,000 |
| Total capital | 62,992,000 | 63,816,000 | 65,673,000 | 66,552,000 |
| Risk-weighted assets | 455,125,000 | 467,867,000 | 473,527,000 | 487,817,000 |