Call reports 2020
PALO SAVINGS BANK — 2020
What PALO SAVINGS 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 | 40,076,000 | 41,455,000 | 44,135,000 | 45,842,000 |
| Total loans | 18,381,000 | 19,679,000 | 20,256,000 | 19,942,000 |
| Allowance for loan losses | 200,000 | 199,000 | 198,000 | 198,000 |
| Securities available for sale | 11,665,000 | 11,734,000 | 12,621,000 | 14,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,136,000 | 36,292,000 | 38,863,000 | 40,481,000 |
| Interest-bearing deposits | 29,077,000 | 28,766,000 | 29,730,000 | 31,373,000 |
| Noninterest-bearing deposits | 6,059,000 | 7,526,000 | 9,133,000 | 9,108,000 |
| Equity capital | 4,851,000 | 5,068,000 | 5,201,000 | 5,280,000 |
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 | 347,000 | 678,000 | 1,015,000 | 1,346,000 |
| Interest expense | 103,000 | 196,000 | 282,000 | 359,000 |
| Net interest income | 244,000 | 482,000 | 733,000 | 987,000 |
| Noninterest income | 23,000 | 88,000 | 107,000 | 133,000 |
| Noninterest expense | 206,000 | 404,000 | 614,000 | 828,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 61,000 | 166,000 | 226,000 | 292,000 |
| Income tax | 3,000 | 9,000 | 13,000 | 15,000 |
| Net income | 58,000 | 157,000 | 213,000 | 277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,690,000 | 4,744,000 | 4,783,000 | 4,834,000 |
| Total capital | 4,890,000 | — | — | — |
| Risk-weighted assets | 16,818,000 | — | — | — |