Call reports 2021
STATE BANK OF FARIBAULT, THE — 2021
What STATE BANK OF FARIBAULT, THE 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 | 287,444,000 | 292,510,000 | 294,469,000 | 281,034,000 |
| Total loans | 140,648,000 | 144,141,000 | 144,697,000 | 144,992,000 |
| Allowance for loan losses | 2,745,000 | 2,823,000 | 2,919,000 | 2,760,000 |
| Securities available for sale | 80,277,000 | 104,049,000 | 107,294,000 | 114,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 260,441,000 | 264,833,000 | 266,542,000 | 253,996,000 |
| Interest-bearing deposits | 186,495,000 | 186,746,000 | 188,837,000 | 177,928,000 |
| Noninterest-bearing deposits | 73,946,000 | 78,087,000 | 77,705,000 | 76,068,000 |
| Equity capital | 24,026,000 | 24,610,000 | 25,069,000 | 24,347,000 |
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 | 2,434,000 | 5,074,000 | 7,814,000 | 10,357,000 |
| Interest expense | 130,000 | 253,000 | 364,000 | 476,000 |
| Net interest income | 2,304,000 | 4,821,000 | 7,450,000 | 9,881,000 |
| Noninterest income | 659,000 | 1,246,000 | 1,923,000 | 2,554,000 |
| Noninterest expense | 2,006,000 | 4,207,000 | 6,413,000 | 9,172,000 |
| Provision for loan losses | 77,000 | 154,000 | 237,000 | 271,000 |
| Pretax income | 880,000 | 1,706,000 | 2,723,000 | 3,025,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 314,000 |
| Net income | 876,000 | 1,702,000 | 2,719,000 | 2,711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,783,000 | 24,079,000 | 24,584,000 | 24,575,000 |
| Total capital | 25,819,000 | 26,345,000 | 26,961,000 | 26,982,000 |
| Risk-weighted assets | 162,177,000 | 180,756,000 | 189,603,000 | 192,172,000 |