Call reports 2020
JERSEY STATE BANK — 2020
What JERSEY 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 | 142,991,000 | 174,628,000 | 188,508,000 | 179,632,000 |
| Total loans | 62,267,000 | 69,404,000 | 70,400,000 | 65,932,000 |
| Allowance for loan losses | 738,000 | 741,000 | 765,000 | 796,000 |
| Securities available for sale | 62,218,000 | 67,912,000 | 70,339,000 | 70,655,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,132,000 | 143,983,000 | 157,662,000 | 148,167,000 |
| Interest-bearing deposits | 96,843,000 | 114,806,000 | 127,462,000 | 118,756,000 |
| Noninterest-bearing deposits | 22,289,000 | 29,177,000 | 30,200,000 | 29,412,000 |
| Equity capital | 21,440,000 | 23,205,000 | 23,805,000 | 23,980,000 |
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 | 1,249,000 | 2,501,000 | 3,838,000 | 5,070,000 |
| Interest expense | 199,000 | 394,000 | 574,000 | 698,000 |
| Net interest income | 1,050,000 | 2,107,000 | 3,264,000 | 4,372,000 |
| Noninterest income | 262,000 | 623,000 | 1,040,000 | 1,548,000 |
| Noninterest expense | 960,000 | 1,984,000 | 2,916,000 | 3,951,000 |
| Provision for loan losses | 3,000 | 6,000 | 27,000 | 57,000 |
| Pretax income | 349,000 | 746,000 | 1,367,000 | 1,920,000 |
| Income tax | 38,000 | 90,000 | 204,000 | 249,000 |
| Net income | 311,000 | 656,000 | 1,163,000 | 1,671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,307,000 | 21,352,000 | 21,859,000 | 22,067,000 |