Call reports 2020
FRANKLIN STATE BANK — 2020
What FRANKLIN STATE BANK 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 | 32,742,000 | 34,582,000 | 35,829,000 | 35,951,000 |
| Total loans | 19,767,000 | 19,735,000 | 19,993,000 | 19,635,000 |
| Allowance for loan losses | 178,000 | 215,000 | 215,000 | 215,000 |
| Securities available for sale | 3,996,000 | 4,128,000 | 4,416,000 | 5,824,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,554,000 | 29,298,000 | 30,499,000 | 30,528,000 |
| Interest-bearing deposits | 21,716,000 | 22,759,000 | 23,528,000 | 22,891,000 |
| Noninterest-bearing deposits | 5,838,000 | 6,539,000 | 6,971,000 | 7,637,000 |
| Equity capital | 5,047,000 | 5,116,000 | 5,229,000 | 5,287,000 |
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 | 318,000 | 637,000 | 946,000 | 1,236,000 |
| Interest expense | 62,000 | 115,000 | 159,000 | 201,000 |
| Net interest income | 256,000 | 522,000 | 787,000 | 1,035,000 |
| Noninterest income | 14,000 | 24,000 | 40,000 | 59,000 |
| Noninterest expense | 164,000 | 317,000 | 485,000 | 651,000 |
| Provision for loan losses | 3,000 | 39,000 | 39,000 | 39,000 |
| Pretax income | 103,000 | 195,000 | 308,000 | 410,000 |
| Income tax | 26,000 | 54,000 | 51,000 | 99,000 |
| Net income | 77,000 | 141,000 | 257,000 | 311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,974,000 | 5,018,000 | 5,154,000 | 5,208,000 |
| Total capital | 5,153,000 | 5,233,000 | 5,369,000 | 5,423,000 |
| Risk-weighted assets | 19,312,000 | 20,195,000 | 21,047,000 | 20,486,000 |