Call reports 2020
SOUTHWIND BANK — 2020
What SOUTHWIND 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 | 134,079,000 | 139,849,000 | 141,342,000 | 145,599,000 |
| Total loans | 62,957,000 | 72,379,000 | 72,951,000 | 69,873,000 |
| Allowance for loan losses | 990,000 | 1,018,000 | 1,067,000 | 1,068,000 |
| Securities available for sale | 64,585,000 | 60,780,000 | 61,621,000 | 65,399,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,345,000 | 123,038,000 | 122,997,000 | 127,522,000 |
| Interest-bearing deposits | 78,261,000 | 83,721,000 | 83,081,000 | 84,035,000 |
| Noninterest-bearing deposits | 37,084,000 | 39,317,000 | 39,916,000 | 43,487,000 |
| Equity capital | 14,535,000 | 15,882,000 | 16,272,000 | 17,039,000 |
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 | 1,196,000 | 2,550,000 | 3,772,000 | 5,406,000 |
| Interest expense | 147,000 | 265,000 | 375,000 | 479,000 |
| Net interest income | 1,049,000 | 2,285,000 | 3,397,000 | 4,927,000 |
| Noninterest income | 74,000 | 109,000 | 158,000 | 236,000 |
| Noninterest expense | 623,000 | 1,426,000 | 2,080,000 | 2,737,000 |
| Provision for loan losses | 30,000 | 95,000 | 115,000 | 145,000 |
| Pretax income | 472,000 | 1,079,000 | 1,566,000 | 2,487,000 |
| Income tax | 82,000 | 196,000 | 278,000 | 481,000 |
| Net income | 390,000 | 883,000 | 1,288,000 | 2,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,940,000 | 14,183,000 | 14,337,000 | 15,056,000 |
| Total capital | 14,930,000 | 15,201,000 | 15,380,000 | 16,089,000 |
| Risk-weighted assets | 84,551,000 | 82,818,000 | 83,497,000 | 82,660,000 |