Call reports 2020
HIGHLAND STATE BANK — 2020
What HIGHLAND 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 | 33,712,000 | 34,861,000 | 36,016,000 | 39,194,000 |
| Total loans | 16,844,000 | 16,516,000 | 16,712,000 | 16,324,000 |
| Allowance for loan losses | 372,000 | 372,000 | 373,000 | 375,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,215,000 | 2,215,000 | 3,683,000 | 4,971,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,341,000 | 30,163,000 | 31,274,000 | 34,464,000 |
| Interest-bearing deposits | 21,051,000 | 21,097,000 | 21,068,000 | 22,243,000 |
| Noninterest-bearing deposits | 8,290,000 | 9,066,000 | 10,206,000 | 12,221,000 |
| Equity capital | 3,758,000 | 4,058,000 | 4,088,000 | 4,106,000 |
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 | 292,000 | 569,000 | 843,000 | 1,113,000 |
| Interest expense | 25,000 | 47,000 | 66,000 | 85,000 |
| Net interest income | 267,000 | 522,000 | 777,000 | 1,028,000 |
| Noninterest income | 34,000 | 76,000 | 119,000 | 159,000 |
| Noninterest expense | 239,000 | 469,000 | 702,000 | 940,000 |
| Provision for loan losses | 2,000 | 3,000 | 4,000 | 6,000 |
| Pretax income | 60,000 | 423,000 | 488,000 | 539,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 3,000 |
| Net income | 59,000 | 422,000 | 486,000 | 536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,757,000 | 4,058,000 | 4,088,000 | 4,106,000 |