Call reports 2020
TOWANDA STATE BANK — 2020
What TOWANDA STATE BANK 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 | 10,593,000 | 10,758,000 | 10,805,000 | 10,270,000 |
| Total loans | 7,345,000 | 6,960,000 | 6,865,000 | 6,490,000 |
| Allowance for loan losses | 162,000 | 158,000 | 202,000 | 202,000 |
| Securities available for sale | 1,464,000 | 1,571,000 | 1,565,000 | 1,567,000 |
| Securities held to maturity | 100,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,836,000 | 9,429,000 | 9,619,000 | 9,258,000 |
| Interest-bearing deposits | 7,274,000 | 7,287,000 | 7,360,000 | 7,528,000 |
| Noninterest-bearing deposits | 1,562,000 | 2,142,000 | 2,259,000 | 1,730,000 |
| Equity capital | 612,000 | 609,000 | 531,000 | 507,000 |
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 | 113,000 | 212,000 | 305,000 | 391,000 |
| Interest expense | 17,000 | 30,000 | 41,000 | 51,000 |
| Net interest income | 96,000 | 182,000 | 264,000 | 340,000 |
| Noninterest income | 10,000 | 20,000 | 36,000 | 45,000 |
| Noninterest expense | 154,000 | 258,000 | 367,000 | 478,000 |
| Provision for loan losses | 0 | 0 | 65,000 | 65,000 |
| Pretax income | -48,000 | -56,000 | -131,000 | -156,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -48,000 | -56,000 | -131,000 | -156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 611,000 | 603,000 | 527,000 | 503,000 |
| Total capital | 681,000 | 671,000 | 594,000 | 566,000 |
| Risk-weighted assets | 5,529,000 | 5,399,000 | 5,233,000 | 4,954,000 |