Call reports 2020
STATE BANK OF FAIRMONT — 2020
What STATE BANK OF FAIRMONT 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 | 119,517,000 | 117,820,000 | 116,775,000 | 120,980,000 |
| Total loans | 95,569,000 | 94,547,000 | 91,148,000 | 86,786,000 |
| Allowance for loan losses | 1,707,000 | 1,798,000 | 1,833,000 | 1,851,000 |
| Securities available for sale | 15,239,000 | 14,852,000 | 15,099,000 | 18,177,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,401,000 | 103,901,000 | 103,281,000 | 107,801,000 |
| Interest-bearing deposits | 87,690,000 | 88,429,000 | 87,481,000 | 90,683,000 |
| Noninterest-bearing deposits | 14,711,000 | 15,472,000 | 15,800,000 | 17,118,000 |
| Equity capital | 12,407,000 | 12,876,000 | 13,087,000 | 13,006,000 |
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 | 1,366,000 | 2,745,000 | 4,081,000 | 5,328,000 |
| Interest expense | 356,000 | 679,000 | 935,000 | 1,135,000 |
| Net interest income | 1,010,000 | 2,066,000 | 3,146,000 | 4,193,000 |
| Noninterest income | 46,000 | 88,000 | 74,000 | 250,000 |
| Noninterest expense | 584,000 | 1,222,000 | 1,875,000 | 3,184,000 |
| Provision for loan losses | 165,000 | 255,000 | 285,000 | 285,000 |
| Pretax income | 307,000 | 677,000 | 1,060,000 | 974,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 306,000 | 676,000 | 1,059,000 | 973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,517,000 | 12,616,000 | 12,800,000 | 12,714,000 |
| Total capital | 13,759,000 | 13,847,000 | 14,001,000 | 13,870,000 |
| Risk-weighted assets | 98,864,000 | 97,918,000 | 95,446,000 | 91,783,000 |