Call reports 2021
WATKINS SAVINGS BANK, THE — 2021
What WATKINS SAVINGS BANK, THE 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 | 86,068,000 | 84,620,000 | 83,770,000 | 83,663,000 |
| Total loans | 27,887,000 | 26,951,000 | 27,930,000 | 29,903,000 |
| Allowance for loan losses | 170,000 | 170,000 | 170,000 | 170,000 |
| Securities available for sale | 49,383,000 | 55,963,000 | 53,963,000 | 53,089,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,013,000 | 71,156,000 | 70,249,000 | 69,958,000 |
| Interest-bearing deposits | 60,421,000 | 59,287,000 | 58,617,000 | 58,518,000 |
| Noninterest-bearing deposits | 12,591,000 | 11,870,000 | 11,631,000 | 11,440,000 |
| Equity capital | 12,853,000 | 13,169,000 | 13,247,000 | 12,713,000 |
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 | 644,000 | 1,209,000 | 1,703,000 | 2,192,000 |
| Interest expense | 121,000 | 234,000 | 342,000 | 441,000 |
| Net interest income | 523,000 | 975,000 | 1,361,000 | 1,751,000 |
| Noninterest income | 6,000 | 10,000 | 15,000 | 17,000 |
| Noninterest expense | 270,000 | 563,000 | 841,000 | 1,115,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 283,000 | 447,000 | 560,000 | 678,000 |
| Income tax | 24,000 | 48,000 | 72,000 | 82,000 |
| Net income | 259,000 | 399,000 | 488,000 | 596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,793,000 | 12,934,000 | 13,024,000 | 12,812,000 |