Call reports 2020
STATE BANK OF CANTON — 2020
What STATE BANK OF CANTON 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 | 29,262,000 | 31,684,000 | 32,367,000 | 31,597,000 |
| Total loans | 11,042,000 | 10,986,000 | 10,621,000 | 10,686,000 |
| Allowance for loan losses | 119,000 | 119,000 | 119,000 | 114,000 |
| Securities available for sale | 6,861,000 | 8,433,000 | 8,819,000 | 9,632,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,672,000 | 24,940,000 | 25,585,000 | 24,855,000 |
| Interest-bearing deposits | 14,948,000 | 15,649,000 | 16,589,000 | 15,152,000 |
| Noninterest-bearing deposits | 7,724,000 | 9,291,000 | 8,996,000 | 9,703,000 |
| Equity capital | 6,562,000 | 6,686,000 | 6,716,000 | 6,697,000 |
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 | 218,000 | 425,000 | 625,000 | 818,000 |
| Interest expense | 12,000 | 29,000 | 44,000 | 56,000 |
| Net interest income | 206,000 | 396,000 | 581,000 | 762,000 |
| Noninterest income | 12,000 | 20,000 | 41,000 | 54,000 |
| Noninterest expense | 180,000 | 332,000 | 497,000 | 665,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 38,000 | 111,000 | 151,000 | 177,000 |
| Income tax | 8,000 | 17,000 | 27,000 | 33,000 |
| Net income | 30,000 | 94,000 | 124,000 | 144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,465,000 | 6,320,000 | 6,556,000 | 6,554,000 |
| Total capital | 6,584,000 | 6,439,000 | 6,675,000 | 6,668,000 |
| Risk-weighted assets | 14,297,000 | 14,613,000 | 14,475,000 | 14,288,000 |