Call reports 2020
STATE BANK OF SOUTHERN UTAH — 2020
What STATE BANK OF SOUTHERN UTAH 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 | 1,315,493,000 | 1,541,285,000 | 1,601,078,000 | 1,681,673,000 |
| Total loans | 855,971,000 | 946,901,000 | 961,572,000 | 939,432,000 |
| Allowance for loan losses | 10,752,000 | 13,077,000 | 13,580,000 | 13,480,000 |
| Securities available for sale | 271,448,000 | 274,934,000 | 296,257,000 | 319,883,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,118,059,000 | 1,336,098,000 | 1,393,562,000 | 1,467,091,000 |
| Interest-bearing deposits | 820,020,000 | 936,731,000 | 963,915,000 | 1,026,748,000 |
| Noninterest-bearing deposits | 298,039,000 | 399,368,000 | 429,647,000 | 440,343,000 |
| Equity capital | 170,963,000 | 179,546,000 | 185,678,000 | 192,656,000 |
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 | 14,758,000 | 29,347,000 | 44,752,000 | 61,472,000 |
| Interest expense | 1,918,000 | 3,610,000 | 5,143,000 | 6,556,000 |
| Net interest income | 12,840,000 | 25,737,000 | 39,609,000 | 54,916,000 |
| Noninterest income | 2,208,000 | 5,174,000 | 8,509,000 | 11,032,000 |
| Noninterest expense | 7,609,000 | 15,470,000 | 23,857,000 | 33,065,000 |
| Provision for loan losses | 1,500,000 | 3,800,000 | 4,300,000 | 4,300,000 |
| Pretax income | 5,965,000 | 11,809,000 | 20,130,000 | 28,753,000 |
| Income tax | 1,900,000 | 3,700,000 | 5,000,000 | 6,965,000 |
| Net income | 4,065,000 | 8,109,000 | 15,130,000 | 21,788,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 167,970,000 | 171,918,000 | 176,498,000 | 183,411,000 |