Call reports 2020
STATE BANK OF FARIBAULT, THE — 2020
What STATE BANK OF FARIBAULT, THE 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 | 215,735,000 | 248,999,000 | 261,993,000 | 267,715,000 |
| Total loans | 140,650,000 | 153,842,000 | 148,704,000 | 143,630,000 |
| Allowance for loan losses | 2,450,000 | 2,547,000 | 2,625,000 | 2,688,000 |
| Securities available for sale | 43,202,000 | 46,317,000 | 49,398,000 | 62,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,789,000 | 221,551,000 | 233,955,000 | 239,803,000 |
| Interest-bearing deposits | 144,156,000 | 162,408,000 | 165,232,000 | 176,198,000 |
| Noninterest-bearing deposits | 45,633,000 | 59,143,000 | 68,723,000 | 63,605,000 |
| Equity capital | 23,966,000 | 24,648,000 | 24,994,000 | 25,118,000 |
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 | 2,464,000 | 4,883,000 | 7,326,000 | 9,991,000 |
| Interest expense | 284,000 | 491,000 | 686,000 | 848,000 |
| Net interest income | 2,180,000 | 4,392,000 | 6,640,000 | 9,143,000 |
| Noninterest income | 436,000 | 1,013,000 | 1,664,000 | 2,436,000 |
| Noninterest expense | 2,111,000 | 4,071,000 | 6,123,000 | 8,914,000 |
| Provision for loan losses | 40,000 | 102,000 | 179,000 | 256,000 |
| Pretax income | 478,000 | 1,245,000 | 2,015,000 | 2,454,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 4,000 |
| Net income | 474,000 | 1,241,000 | 2,011,000 | 2,450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,680,000 | 23,066,000 | 23,517,000 | 23,608,000 |
| Total capital | 24,898,000 | 25,481,000 | 25,656,000 | 25,769,000 |
| Risk-weighted assets | 177,209,000 | 193,051,000 | 170,602,000 | 172,388,000 |