Call reports 2021
STATE EXCHANGE BANK, THE — 2021
What STATE EXCHANGE 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 | 44,153,000 | 42,297,000 | 41,282,000 | 48,698,000 |
| Total loans | 13,947,000 | 15,084,000 | 14,927,000 | 15,533,000 |
| Allowance for loan losses | 189,000 | 191,000 | 192,000 | 173,000 |
| Securities available for sale | 24,019,000 | 24,748,000 | 24,014,000 | 23,792,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,918,000 | 36,850,000 | 35,637,000 | 43,233,000 |
| Interest-bearing deposits | 28,395,000 | 27,405,000 | 27,687,000 | 26,941,000 |
| Noninterest-bearing deposits | 10,523,000 | 9,445,000 | 7,950,000 | 16,292,000 |
| Equity capital | 5,182,000 | 5,390,000 | 5,576,000 | 5,417,000 |
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 | 299,000 | 648,000 | 1,084,000 | 1,439,000 |
| Interest expense | 39,000 | 78,000 | 114,000 | 148,000 |
| Net interest income | 260,000 | 570,000 | 970,000 | 1,291,000 |
| Noninterest income | 23,000 | 31,000 | 46,000 | 58,000 |
| Noninterest expense | 185,000 | 376,000 | 582,000 | 895,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 142,000 | 269,000 | 480,000 | 501,000 |
| Income tax | 5,000 | 12,000 | 20,000 | 13,000 |
| Net income | 137,000 | 257,000 | 460,000 | 488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,867,000 | 4,987,000 | 5,117,000 | 5,147,000 |
| Total capital | — | 5,178,000 | — | — |
| Risk-weighted assets | — | 21,949,000 | — | — |