Call reports 2020
STATE SAVINGS BANK — 2020
What STATE SAVINGS 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 | 129,327,000 | 133,063,000 | 136,181,000 | 139,082,000 |
| Total loans | 109,940,000 | 112,505,000 | 114,417,000 | 114,254,000 |
| Allowance for loan losses | 1,443,000 | 1,517,000 | 1,608,000 | 1,520,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 60,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,318,000 | 119,462,000 | 123,080,000 | 125,642,000 |
| Interest-bearing deposits | 95,090,000 | 97,215,000 | 97,641,000 | 98,831,000 |
| Noninterest-bearing deposits | 21,228,000 | 22,247,000 | 25,439,000 | 26,811,000 |
| Equity capital | 12,318,000 | 12,917,000 | 12,473,000 | 12,772,000 |
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 | 1,564,000 | 2,991,000 | 4,447,000 | 5,866,000 |
| Interest expense | 365,000 | 698,000 | 989,000 | 1,259,000 |
| Net interest income | 1,199,000 | 2,293,000 | 3,458,000 | 4,607,000 |
| Noninterest income | 136,000 | 437,000 | 570,000 | 705,000 |
| Noninterest expense | 657,000 | 1,348,000 | 1,988,000 | 2,914,000 |
| Provision for loan losses | 45,000 | 120,000 | 210,000 | 240,000 |
| Pretax income | 633,000 | 1,262,000 | 1,830,000 | 2,158,000 |
| Income tax | 31,000 | 61,000 | 91,000 | 121,000 |
| Net income | 602,000 | 1,201,000 | 1,739,000 | 2,037,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,318,000 | 12,917,000 | 12,473,000 | 12,772,000 |