Call reports 2021
SOUTH STORY BANK & TRUST — 2021
What SOUTH STORY BANK & TRUST 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 | 315,410,000 | 318,582,000 | 311,609,000 | 337,240,000 |
| Total loans | 218,243,000 | 236,707,000 | 260,857,000 | 279,341,000 |
| Allowance for loan losses | 2,066,000 | 2,251,000 | 2,677,000 | 3,104,000 |
| Securities available for sale | 12,584,000 | 14,589,000 | 16,037,000 | 16,052,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,356,000 | 263,294,000 | 255,892,000 | 281,397,000 |
| Interest-bearing deposits | 199,951,000 | 203,433,000 | 198,444,000 | 221,171,000 |
| Noninterest-bearing deposits | 56,405,000 | 59,861,000 | 57,448,000 | 60,226,000 |
| Equity capital | 38,632,000 | 39,187,000 | 39,670,000 | 39,993,000 |
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 | 2,993,000 | 5,968,000 | 9,456,000 | 12,713,000 |
| Interest expense | 328,000 | 649,000 | 950,000 | 1,258,000 |
| Net interest income | 2,665,000 | 5,319,000 | 8,506,000 | 11,455,000 |
| Noninterest income | 487,000 | 1,039,000 | 1,401,000 | 1,807,000 |
| Noninterest expense | 2,382,000 | 4,633,000 | 7,062,000 | 9,385,000 |
| Provision for loan losses | 221,000 | 468,000 | 887,000 | 1,306,000 |
| Pretax income | 553,000 | 1,264,000 | 1,966,000 | 2,582,000 |
| Income tax | 144,000 | 285,000 | 473,000 | 575,000 |
| Net income | 409,000 | 979,000 | 1,493,000 | 2,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,139,000 | 29,838,000 | 30,475,000 | 31,102,000 |
| Total capital | 31,205,000 | 32,089,000 | 33,152,000 | — |
| Risk-weighted assets | 209,016,000 | 218,246,000 | 221,487,000 | — |