Call reports 2021
STATE BANK OF FAIRMONT — 2021
What STATE BANK OF FAIRMONT 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 | 127,382,000 | 127,209,000 | 128,084,000 | 129,991,000 |
| Total loans | 94,561,000 | 94,019,000 | 92,891,000 | 94,728,000 |
| Allowance for loan losses | 1,929,000 | 2,015,000 | 2,084,000 | 2,159,000 |
| Securities available for sale | 22,411,000 | 22,609,000 | 21,802,000 | 22,283,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,967,000 | 112,511,000 | 114,326,000 | 114,576,000 |
| Interest-bearing deposits | 94,493,000 | 93,384,000 | 94,194,000 | 92,947,000 |
| Noninterest-bearing deposits | 19,474,000 | 19,127,000 | 20,132,000 | 21,629,000 |
| Equity capital | 13,119,000 | 13,266,000 | 13,648,000 | 13,000,000 |
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 | 1,189,000 | 2,464,000 | 3,904,000 | 5,122,000 |
| Interest expense | 156,000 | 290,000 | 412,000 | 528,000 |
| Net interest income | 1,033,000 | 2,174,000 | 3,492,000 | 4,594,000 |
| Noninterest income | 36,000 | 101,000 | 145,000 | 216,000 |
| Noninterest expense | 702,000 | 1,263,000 | 1,806,000 | 3,206,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 292,000 | 862,000 | 1,623,000 | 1,321,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 167,000 |
| Net income | 291,000 | 861,000 | 1,622,000 | 1,154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,005,000 | 13,232,000 | 13,696,000 | 13,228,000 |
| Total capital | 14,207,000 | 14,433,000 | 14,871,000 | 14,427,000 |
| Risk-weighted assets | 95,470,000 | 95,299,000 | 93,123,000 | 94,920,000 |