Call reports 2020
WATKINS SAVINGS BANK, THE — 2020
What WATKINS SAVINGS BANK, THE 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 | 71,104,000 | 74,459,000 | 79,333,000 | 83,602,000 |
| Total loans | 31,882,000 | 30,454,000 | 28,671,000 | 27,095,000 |
| Allowance for loan losses | 170,000 | 170,000 | 170,000 | 170,000 |
| Securities available for sale | 33,826,000 | 36,361,000 | 41,668,000 | 44,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,470,000 | 60,628,000 | 65,378,000 | 69,912,000 |
| Interest-bearing deposits | 49,328,000 | 51,314,000 | 54,799,000 | 57,950,000 |
| Noninterest-bearing deposits | 9,142,000 | 9,315,000 | 10,579,000 | 11,961,000 |
| Equity capital | 12,438,000 | 13,384,000 | 13,519,000 | 13,279,000 |
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 | 615,000 | 1,197,000 | 1,766,000 | 2,282,000 |
| Interest expense | 144,000 | 281,000 | 417,000 | 549,000 |
| Net interest income | 471,000 | 916,000 | 1,349,000 | 1,733,000 |
| Noninterest income | 9,000 | 12,000 | 15,000 | 17,000 |
| Noninterest expense | 273,000 | 508,000 | 764,000 | 1,049,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 220,000 | 435,000 | 615,000 | 718,000 |
| Income tax | 39,000 | 78,000 | 117,000 | 123,000 |
| Net income | 181,000 | 357,000 | 498,000 | 595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,439,000 | 13,623,000 | 12,757,000 | 12,535,000 |