Call reports 2020
FIRST STATE BANK MINNESOTA — 2020
What FIRST STATE BANK MINNESOTA 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 | 70,312,000 | 75,687,000 | 80,789,000 | 83,037,000 |
| Total loans | 48,308,000 | 55,319,000 | 49,935,000 | 46,790,000 |
| Allowance for loan losses | 1,006,000 | 1,021,000 | 790,000 | 805,000 |
| Securities available for sale | 3,475,000 | 3,777,000 | 5,076,000 | 6,436,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,360,000 | 66,439,000 | 71,255,000 | 73,494,000 |
| Interest-bearing deposits | 45,001,000 | 48,284,000 | 50,589,000 | 49,781,000 |
| Noninterest-bearing deposits | 16,359,000 | 18,155,000 | 20,666,000 | 23,713,000 |
| Equity capital | 7,717,000 | 7,996,000 | 8,273,000 | 8,252,000 |
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 | 705,000 | 1,400,000 | 2,113,000 | 2,836,000 |
| Interest expense | 85,000 | 148,000 | 207,000 | 259,000 |
| Net interest income | 620,000 | 1,252,000 | 1,906,000 | 2,577,000 |
| Noninterest income | 56,000 | 95,000 | 145,000 | 195,000 |
| Noninterest expense | 444,000 | 852,000 | 1,263,000 | 1,688,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 208,000 | 458,000 | 735,000 | 1,021,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 208,000 | 457,000 | 734,000 | 1,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,693,000 | 7,942,000 | 8,219,000 | 8,204,000 |