Call reports 2020
ADRIAN STATE BANK — 2020
What ADRIAN STATE 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 | 52,998,000 | 55,410,000 | 58,617,000 | 56,389,000 |
| Total loans | 43,004,000 | 44,051,000 | 43,256,000 | 41,527,000 |
| Allowance for loan losses | 506,000 | 539,000 | 571,000 | 603,000 |
| Securities available for sale | 1,153,000 | 1,620,000 | 2,643,000 | 4,193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,955,000 | 49,395,000 | 52,769,000 | 50,777,000 |
| Interest-bearing deposits | 36,115,000 | 37,513,000 | 38,797,000 | 35,378,000 |
| Noninterest-bearing deposits | 10,840,000 | 11,882,000 | 13,972,000 | 15,399,000 |
| Equity capital | 5,163,000 | 5,396,000 | 5,400,000 | 5,381,000 |
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 | 631,000 | 1,274,000 | 1,885,000 | 2,440,000 |
| Interest expense | 98,000 | 190,000 | 280,000 | 362,000 |
| Net interest income | 533,000 | 1,084,000 | 1,605,000 | 2,078,000 |
| Noninterest income | 22,000 | 48,000 | 70,000 | 91,000 |
| Noninterest expense | 294,000 | 579,000 | 872,000 | 1,259,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 231,000 | 493,000 | 713,000 | 790,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 230,000 | 492,000 | 712,000 | 789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,134,000 | 5,352,000 | 5,352,000 | 5,323,000 |