Call reports 2021
FRANKLIN STATE BANK — 2021
What FRANKLIN STATE BANK 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 | 36,003,000 | 36,402,000 | 38,162,000 | 37,878,000 |
| Total loans | 20,170,000 | 20,954,000 | 21,114,000 | 22,060,000 |
| Allowance for loan losses | 217,000 | 220,000 | 223,000 | 226,000 |
| Securities available for sale | 6,187,000 | 6,241,000 | 6,041,000 | 7,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,598,000 | 30,320,000 | 32,025,000 | 31,964,000 |
| Interest-bearing deposits | 22,068,000 | 22,039,000 | 22,854,000 | 22,721,000 |
| Noninterest-bearing deposits | 8,531,000 | 8,281,000 | 9,171,000 | 9,243,000 |
| Equity capital | 5,319,000 | 5,402,000 | 5,559,000 | 5,356,000 |
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 | 287,000 | 583,000 | 999,000 | 1,293,000 |
| Interest expense | 34,000 | 61,000 | 89,000 | 116,000 |
| Net interest income | 253,000 | 522,000 | 910,000 | 1,177,000 |
| Noninterest income | 18,000 | 38,000 | 69,000 | 84,000 |
| Noninterest expense | 169,000 | 340,000 | 528,000 | 738,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 101,000 | 216,000 | 446,000 | 516,000 |
| Income tax | 23,000 | 56,000 | 113,000 | 149,000 |
| Net income | 78,000 | 160,000 | 333,000 | 367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,286,000 | 5,368,000 | 5,541,000 | 5,375,000 |