Call reports 2020
SHELBY STATE BANK, THE — 2020
What SHELBY STATE 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 | 275,774,000 | 320,264,000 | 331,443,000 | 332,749,000 |
| Total loans | 172,941,000 | 192,450,000 | 194,220,000 | 181,762,000 |
| Allowance for loan losses | 1,799,000 | 1,921,000 | 1,877,000 | 2,021,000 |
| Securities available for sale | 67,082,000 | 70,594,000 | 92,830,000 | 112,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,805,000 | 286,043,000 | 293,395,000 | 291,440,000 |
| Interest-bearing deposits | 171,363,000 | 187,927,000 | 188,684,000 | 190,399,000 |
| Noninterest-bearing deposits | 73,442,000 | 98,116,000 | 104,711,000 | 101,041,000 |
| Equity capital | 25,243,000 | 25,849,000 | 26,541,000 | 26,557,000 |
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 | 2,687,000 | 5,300,000 | 8,005,000 | 10,720,000 |
| Interest expense | 272,000 | 516,000 | 726,000 | 897,000 |
| Net interest income | 2,415,000 | 4,784,000 | 7,279,000 | 9,823,000 |
| Noninterest income | 1,028,000 | 2,050,000 | 3,215,000 | 4,544,000 |
| Noninterest expense | 2,785,000 | 5,482,000 | 8,426,000 | 11,372,000 |
| Provision for loan losses | 50,000 | 200,000 | 325,000 | 475,000 |
| Pretax income | 561,000 | 1,119,000 | 1,715,000 | 2,498,000 |
| Income tax | 86,000 | 172,000 | 267,000 | 388,000 |
| Net income | 475,000 | 947,000 | 1,448,000 | 2,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,772,000 | 23,312,000 | 23,665,000 | 24,116,000 |
| Total capital | 24,571,000 | 25,233,000 | 25,542,000 | 26,137,000 |
| Risk-weighted assets | 196,836,000 | 201,285,000 | 206,070,000 | 203,564,000 |