Call reports 2021
SHELBY STATE BANK, THE — 2021
What SHELBY STATE 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 | 341,412,000 | 345,459,000 | 370,189,000 | 378,549,000 |
| Total loans | 184,718,000 | 181,834,000 | 176,676,000 | 173,965,000 |
| Allowance for loan losses | 2,217,000 | 2,244,000 | 2,263,000 | 2,558,000 |
| Securities available for sale | 123,690,000 | 126,901,000 | 152,052,000 | 164,031,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 303,206,000 | 308,269,000 | 330,062,000 | 336,211,000 |
| Interest-bearing deposits | 198,161,000 | 195,932,000 | 206,137,000 | 206,998,000 |
| Noninterest-bearing deposits | 105,045,000 | 112,337,000 | 123,925,000 | 129,213,000 |
| Equity capital | 25,342,000 | 26,027,000 | 26,389,000 | 28,995,000 |
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 | 2,724,000 | 5,446,000 | 8,382,000 | 11,110,000 |
| Interest expense | 122,000 | 195,000 | 248,000 | 301,000 |
| Net interest income | 2,602,000 | 5,251,000 | 8,134,000 | 10,809,000 |
| Noninterest income | 1,489,000 | 2,756,000 | 3,897,000 | 4,941,000 |
| Noninterest expense | 2,976,000 | 5,969,000 | 9,187,000 | 12,280,000 |
| Provision for loan losses | 200,000 | 225,000 | 245,000 | 545,000 |
| Pretax income | 917,000 | 1,817,000 | 2,604,000 | 2,929,000 |
| Income tax | 194,000 | 385,000 | 552,000 | 653,000 |
| Net income | 723,000 | 1,432,000 | 2,052,000 | 5,756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,618,000 | 25,086,000 | 25,461,000 | 29,427,000 |
| Total capital | 26,835,000 | 27,330,000 | 27,724,000 | 31,985,000 |
| Risk-weighted assets | 206,184,000 | 207,193,000 | 211,397,000 | 217,117,000 |