Call reports 2021
STATE BANK OF SOUTHERN UTAH — 2021
What STATE BANK OF SOUTHERN UTAH reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,882,485,000 | 1,953,962,000 | 2,031,393,000 | 2,023,755,000 |
| Total loans | 980,219,000 | 1,023,103,000 | 1,047,344,000 | 1,082,973,000 |
| Allowance for loan losses | 13,485,000 | 13,494,000 | 13,482,000 | 13,453,000 |
| Securities available for sale | 507,014,000 | 529,690,000 | 548,258,000 | 769,116,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,663,035,000 | 1,728,822,000 | 1,795,325,000 | 1,788,153,000 |
| Interest-bearing deposits | 1,148,713,000 | 1,159,845,000 | 1,189,457,000 | 1,190,977,000 |
| Noninterest-bearing deposits | 514,322,000 | 568,977,000 | 605,868,000 | 597,176,000 |
| Equity capital | 195,228,000 | 201,687,000 | 208,663,000 | 212,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 16,004,000 | 32,269,000 | 49,093,000 | 66,076,000 |
| Interest expense | 1,260,000 | 2,452,000 | 3,562,000 | 4,680,000 |
| Net interest income | 14,744,000 | 29,817,000 | 45,531,000 | 61,396,000 |
| Noninterest income | 3,228,000 | 6,102,000 | 8,981,000 | 12,763,000 |
| Noninterest expense | 8,409,000 | 16,507,000 | 25,907,000 | 35,608,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 9,563,000 | 19,441,000 | 28,634,000 | 38,580,000 |
| Income tax | 2,260,000 | 4,780,000 | 6,785,000 | 8,952,000 |
| Net income | 7,303,000 | 14,661,000 | 21,849,000 | 29,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 188,944,000 | 196,482,000 | 201,689,000 | 209,666,000 |