Call reports 2019
STATE BANK OF FAIRMONT — 2019
What STATE BANK OF FAIRMONT reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 112,752,000 | 114,460,000 | 112,649,000 | 116,648,000 |
| Total loans | 87,630,000 | 90,357,000 | 90,512,000 | 89,764,000 |
| Allowance for loan losses | 1,501,000 | 1,579,000 | 1,671,000 | 1,696,000 |
| Securities available for sale | 15,083,000 | 14,794,000 | 14,168,000 | 15,837,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,732,000 | 92,849,000 | 95,772,000 | 100,103,000 |
| Interest-bearing deposits | 80,639,000 | 80,345,000 | 83,129,000 | 85,133,000 |
| Noninterest-bearing deposits | 13,093,000 | 12,504,000 | 12,643,000 | 14,970,000 |
| Equity capital | 12,017,000 | 12,235,000 | 12,486,000 | 12,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,340,000 | 2,734,000 | 4,188,000 | 5,603,000 |
| Interest expense | 315,000 | 667,000 | 1,070,000 | 1,443,000 |
| Net interest income | 1,025,000 | 2,067,000 | 3,118,000 | 4,160,000 |
| Noninterest income | 59,000 | 112,000 | 165,000 | 291,000 |
| Noninterest expense | 597,000 | 1,219,000 | 1,795,000 | 3,165,000 |
| Provision for loan losses | 80,000 | 150,000 | 240,000 | 330,000 |
| Pretax income | 407,000 | 826,000 | 1,265,000 | 973,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 406,000 | 825,000 | 1,264,000 | 972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,226,000 | 12,284,000 | 12,503,000 | 12,211,000 |
| Total capital | 13,370,000 | 13,461,000 | 13,682,000 | 13,387,000 |
| Risk-weighted assets | 91,171,000 | 93,776,000 | 93,852,000 | 93,547,000 |