Call reports 2020
FAIRFAX STATE SAVINGS BANK — 2020
What FAIRFAX STATE SAVINGS 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 | 174,410,000 | 185,529,000 | 192,492,000 | 206,877,000 |
| Total loans | 84,060,000 | 88,466,000 | 88,651,000 | 87,424,000 |
| Allowance for loan losses | 898,000 | 942,000 | 983,000 | 1,202,000 |
| Securities available for sale | 52,464,000 | 51,660,000 | 54,469,000 | 63,167,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,777,000 | 156,815,000 | 163,501,000 | 177,667,000 |
| Interest-bearing deposits | 124,014,000 | 129,090,000 | 132,148,000 | 144,566,000 |
| Noninterest-bearing deposits | 22,763,000 | 27,725,000 | 31,353,000 | 33,101,000 |
| Equity capital | 21,131,000 | 21,892,000 | 22,240,000 | 22,634,000 |
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 | 1,517,000 | 3,003,000 | 4,369,000 | 5,746,000 |
| Interest expense | 340,000 | 660,000 | 952,000 | 1,229,000 |
| Net interest income | 1,177,000 | 2,343,000 | 3,417,000 | 4,517,000 |
| Noninterest income | 117,000 | 231,000 | 345,000 | 509,000 |
| Noninterest expense | 946,000 | 1,877,000 | 2,841,000 | 3,865,000 |
| Provision for loan losses | 30,000 | 50,000 | 75,000 | 275,000 |
| Pretax income | 303,000 | 893,000 | 1,346,000 | 1,536,000 |
| Income tax | 15,000 | 45,000 | 67,000 | 75,000 |
| Net income | 288,000 | 848,000 | 1,279,000 | 1,461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,211,000 | 20,771,000 | 21,146,000 | 21,317,000 |