Call reports 2019
FRANKLIN STATE BANK — 2019
What FRANKLIN STATE BANK 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 | 30,353,000 | 30,588,000 | 32,170,000 | 33,232,000 |
| Total loans | 19,396,000 | 19,736,000 | 19,325,000 | 19,204,000 |
| Allowance for loan losses | 171,000 | 152,000 | 156,000 | 158,000 |
| Securities available for sale | 2,730,000 | 2,752,000 | 2,748,000 | 3,877,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,473,000 | 25,641,000 | 27,182,000 | 28,183,000 |
| Interest-bearing deposits | 19,918,000 | 20,366,000 | 20,857,000 | 21,629,000 |
| Noninterest-bearing deposits | 5,555,000 | 5,275,000 | 6,325,000 | 6,553,000 |
| Equity capital | 4,763,000 | 4,815,000 | 4,869,000 | 4,920,000 |
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 | 299,000 | 600,000 | 916,000 | 1,228,000 |
| Interest expense | 55,000 | 121,000 | 190,000 | 258,000 |
| Net interest income | 244,000 | 479,000 | 726,000 | 970,000 |
| Noninterest income | 18,000 | 33,000 | 51,000 | 67,000 |
| Noninterest expense | 166,000 | 337,000 | 520,000 | 701,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 93,000 | 169,000 | 248,000 | 324,000 |
| Income tax | 24,000 | 63,000 | 90,000 | 116,000 |
| Net income | 69,000 | 106,000 | 158,000 | 208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,758,000 | 4,796,000 | 4,847,000 | 4,897,000 |
| Total capital | 4,929,000 | 4,948,000 | 5,003,000 | 5,055,000 |
| Risk-weighted assets | 18,819,000 | 19,227,000 | 18,617,000 | 18,752,000 |