Call reports 2020
SOUTH STORY BANK & TRUST — 2020
What SOUTH STORY BANK & TRUST 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 | 247,296,000 | 296,089,000 | 294,198,000 | 300,533,000 |
| Total loans | 200,579,000 | 209,622,000 | 234,288,000 | 236,864,000 |
| Allowance for loan losses | 615,000 | 938,000 | 1,032,000 | 1,848,000 |
| Securities available for sale | 16,234,000 | 15,176,000 | 13,360,000 | 12,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,033,000 | 225,724,000 | 226,858,000 | 235,441,000 |
| Interest-bearing deposits | 170,437,000 | 181,653,000 | 178,657,000 | 184,810,000 |
| Noninterest-bearing deposits | 32,596,000 | 44,071,000 | 48,201,000 | 50,631,000 |
| Equity capital | 35,901,000 | 37,195,000 | 37,748,000 | 38,303,000 |
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 | 2,837,000 | 6,269,000 | 9,311,000 | 13,266,000 |
| Interest expense | 620,000 | 833,000 | 1,252,000 | 1,629,000 |
| Net interest income | 2,217,000 | 5,436,000 | 8,059,000 | 11,637,000 |
| Noninterest income | 305,000 | 710,000 | 1,163,000 | 1,644,000 |
| Noninterest expense | 1,594,000 | 3,761,000 | 5,909,000 | 8,389,000 |
| Provision for loan losses | 75,000 | 411,000 | 486,000 | 1,492,000 |
| Pretax income | 884,000 | 2,003,000 | 2,871,000 | 3,444,000 |
| Income tax | 252,000 | 593,000 | 850,000 | 848,000 |
| Net income | 632,000 | 1,410,000 | 2,021,000 | 2,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,063,000 | 27,111,000 | 27,874,000 | 28,593,000 |
| Total capital | 28,678,000 | 28,049,000 | 28,906,000 | 30,441,000 |
| Risk-weighted assets | 191,153,000 | 200,895,000 | 219,775,000 | 221,899,000 |