Call reports 2020
BATTLE CREEK STATE BANK — 2020
What BATTLE CREEK 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 | 36,090,000 | 38,066,000 | 37,845,000 | 37,206,000 |
| Total loans | 28,313,000 | 29,023,000 | 28,088,000 | 27,041,000 |
| Allowance for loan losses | 384,000 | 384,000 | 434,000 | 439,000 |
| Securities available for sale | 1,028,000 | 5,028,000 | 5,024,000 | 1,504,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,397,000 | 32,289,000 | 32,108,000 | 31,581,000 |
| Interest-bearing deposits | 25,442,000 | 25,364,000 | 25,746,000 | 25,518,000 |
| Noninterest-bearing deposits | 4,955,000 | 6,925,000 | 6,362,000 | 6,063,000 |
| Equity capital | 4,514,000 | 4,577,000 | 4,554,000 | 4,475,000 |
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 | 364,000 | 704,000 | 1,036,000 | 1,341,000 |
| Interest expense | 104,000 | 202,000 | 299,000 | 385,000 |
| Net interest income | 260,000 | 502,000 | 737,000 | 956,000 |
| Noninterest income | 19,000 | 78,000 | 111,000 | 142,000 |
| Noninterest expense | 215,000 | 424,000 | 640,000 | 873,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 130,000 |
| Pretax income | 64,000 | 156,000 | 158,000 | 95,000 |
| Income tax | 12,000 | 29,000 | 33,000 | 33,000 |
| Net income | 52,000 | 127,000 | 125,000 | 62,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,514,000 | 4,577,000 | 4,554,000 | 4,475,000 |
| Total capital | 4,888,000 | 4,963,000 | 4,930,000 | 4,840,000 |
| Risk-weighted assets | 29,899,000 | 30,876,000 | 30,047,000 | 29,133,000 |