Call reports 2020
STATE EXCHANGE BANK, THE — 2020
What STATE EXCHANGE 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 | 34,285,000 | 37,288,000 | 39,098,000 | 43,810,000 |
| Total loans | 15,076,000 | 16,299,000 | 17,134,000 | 15,754,000 |
| Allowance for loan losses | 176,000 | 176,000 | 180,000 | 185,000 |
| Securities available for sale | 15,669,000 | 18,951,000 | 17,627,000 | 20,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,781,000 | 31,314,000 | 33,549,000 | 38,201,000 |
| Interest-bearing deposits | 22,953,000 | 24,861,000 | 25,874,000 | 25,214,000 |
| Noninterest-bearing deposits | 6,828,000 | 6,453,000 | 7,675,000 | 12,987,000 |
| Equity capital | 4,457,000 | 5,324,000 | 5,464,000 | 5,545,000 |
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 | 327,000 | 684,000 | 1,019,000 | 1,338,000 |
| Interest expense | 63,000 | 122,000 | 169,000 | 213,000 |
| Net interest income | 264,000 | 562,000 | 850,000 | 1,125,000 |
| Noninterest income | 16,000 | 45,000 | 55,000 | 74,000 |
| Noninterest expense | 207,000 | 429,000 | 605,000 | 889,000 |
| Provision for loan losses | 50,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 23,000 | 128,000 | 252,000 | 262,000 |
| Income tax | 0 | 3,000 | 9,000 | 1,000 |
| Net income | 23,000 | 125,000 | 243,000 | 261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,620,000 | 4,718,000 | 4,787,000 | 4,810,000 |
| Total capital | 4,796,000 | — | — | — |
| Risk-weighted assets | 21,744,000 | — | — | — |