Call reports 2020
WEST IOWA BANK — 2020
What WEST IOWA 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 | 131,905,000 | 139,064,000 | 138,958,000 | 145,717,000 |
| Total loans | 94,309,000 | 96,354,000 | 98,010,000 | 96,107,000 |
| Allowance for loan losses | 1,161,000 | 1,177,000 | 1,194,000 | 1,151,000 |
| Securities available for sale | 21,020,000 | 19,361,000 | 19,335,000 | 18,011,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,375,000 | 111,226,000 | 110,843,000 | 118,475,000 |
| Interest-bearing deposits | 83,392,000 | 86,857,000 | 86,452,000 | 86,932,000 |
| Noninterest-bearing deposits | 20,983,000 | 24,369,000 | 24,391,000 | 31,543,000 |
| Equity capital | 19,530,000 | 19,791,000 | 20,239,000 | 20,670,000 |
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 | 1,397,000 | 2,804,000 | 4,091,000 | 5,361,000 |
| Interest expense | 236,000 | 408,000 | 565,000 | 706,000 |
| Net interest income | 1,161,000 | 2,396,000 | 3,526,000 | 4,655,000 |
| Noninterest income | 83,000 | 148,000 | 224,000 | 305,000 |
| Noninterest expense | 684,000 | 1,385,000 | 2,053,000 | 2,746,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 544,000 | 1,128,000 | 1,651,000 | 2,153,000 |
| Income tax | 119,000 | 246,000 | 360,000 | 468,000 |
| Net income | 425,000 | 882,000 | 1,291,000 | 1,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,382,000 | 18,539,000 | 18,949,000 | 19,342,000 |