Call reports 2020
PRODUCE STATE BANK — 2020
What PRODUCE 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 | 97,196,000 | 105,232,000 | 107,553,000 | 109,287,000 |
| Total loans | 54,145,000 | 56,597,000 | 57,242,000 | 57,404,000 |
| Allowance for loan losses | 595,000 | 598,000 | 601,000 | 617,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,861,000 | 9,043,000 | 8,234,000 | 8,382,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,766,000 | 94,624,000 | 97,582,000 | 99,328,000 |
| Interest-bearing deposits | 64,930,000 | 69,358,000 | 70,658,000 | 71,412,000 |
| Noninterest-bearing deposits | 21,836,000 | 25,266,000 | 26,924,000 | 27,916,000 |
| Equity capital | 9,718,000 | 10,087,000 | 9,451,000 | 9,771,000 |
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 | 962,000 | 1,973,000 | 2,957,000 | 3,934,000 |
| Interest expense | 95,000 | 194,000 | 266,000 | 317,000 |
| Net interest income | 867,000 | 1,779,000 | 2,691,000 | 3,617,000 |
| Noninterest income | 64,000 | 115,000 | 170,000 | 233,000 |
| Noninterest expense | 608,000 | 1,202,000 | 1,795,000 | 2,464,000 |
| Provision for loan losses | 157,000 | 157,000 | 157,000 | 157,000 |
| Pretax income | 166,000 | 535,000 | 909,000 | 1,229,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 166,000 | 535,000 | 909,000 | 1,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,541,000 | 7,969,000 | 7,393,000 | 7,772,000 |
| Total capital | 8,136,000 | 8,567,000 | 7,994,000 | 8,389,000 |
| Risk-weighted assets | 56,417,000 | 61,536,000 | 62,916,000 | 61,140,000 |