Call reports 2021
PALO SAVINGS BANK — 2021
What PALO SAVINGS 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 | 50,489,000 | 49,817,000 | 47,048,000 | 47,636,000 |
| Total loans | 19,403,000 | 19,512,000 | 19,622,000 | 19,504,000 |
| Allowance for loan losses | 198,000 | 198,000 | 198,000 | 198,000 |
| Securities available for sale | 17,131,000 | 21,893,000 | 21,393,000 | 21,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,366,000 | 44,494,000 | 41,805,000 | 42,359,000 |
| Interest-bearing deposits | 34,115,000 | 33,679,000 | 31,673,000 | 32,333,000 |
| Noninterest-bearing deposits | 11,251,000 | 10,815,000 | 10,132,000 | 10,026,000 |
| Equity capital | 5,050,000 | 5,246,000 | 5,166,000 | 5,186,000 |
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 | 337,000 | 687,000 | 1,048,000 | 1,403,000 |
| Interest expense | 68,000 | 130,000 | 191,000 | 246,000 |
| Net interest income | 269,000 | 557,000 | 857,000 | 1,157,000 |
| Noninterest income | 134,000 | 160,000 | 182,000 | 272,000 |
| Noninterest expense | 223,000 | 438,000 | 662,000 | 886,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 180,000 | 279,000 | 377,000 | 543,000 |
| Income tax | 9,000 | 15,000 | 22,000 | 27,000 |
| Net income | 171,000 | 264,000 | 355,000 | 516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,004,000 | 5,027,000 | 5,067,000 | 5,171,000 |