Call reports 2019
STATE BANK OF FARIBAULT, THE — 2019
What STATE BANK OF FARIBAULT, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 208,124,000 | 205,864,000 | 208,898,000 | 214,875,000 |
| Total loans | 131,407,000 | 133,848,000 | 135,755,000 | 139,235,000 |
| Allowance for loan losses | 2,297,000 | 2,377,000 | 2,397,000 | 2,431,000 |
| Securities available for sale | 45,614,000 | 45,436,000 | 44,352,000 | 45,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,449,000 | 178,386,000 | 183,134,000 | 189,302,000 |
| Interest-bearing deposits | 142,964,000 | 136,704,000 | 133,222,000 | 146,099,000 |
| Noninterest-bearing deposits | 41,485,000 | 41,682,000 | 49,912,000 | 43,203,000 |
| Equity capital | 21,986,000 | 22,611,000 | 23,645,000 | 23,629,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,242,000 | 4,539,000 | 6,915,000 | 9,357,000 |
| Interest expense | 310,000 | 616,000 | 897,000 | 1,190,000 |
| Net interest income | 1,932,000 | 3,923,000 | 6,018,000 | 8,167,000 |
| Noninterest income | 427,000 | 951,000 | 2,548,000 | 3,098,000 |
| Noninterest expense | 2,027,000 | 4,121,000 | 6,180,000 | 8,576,000 |
| Provision for loan losses | 32,000 | 65,000 | 98,000 | 135,000 |
| Pretax income | 300,000 | 688,000 | 2,288,000 | 2,554,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 4,000 |
| Net income | 296,000 | 684,000 | 2,284,000 | 2,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,708,000 | 21,880,000 | 22,830,000 | 22,905,000 |
| Total capital | 23,862,000 | 24,023,000 | 24,961,000 | 24,979,000 |
| Risk-weighted assets | 172,159,000 | 171,271,000 | 170,182,000 | 165,551,000 |