Call reports 2020
LORRAINE STATE BANK — 2020
What LORRAINE 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 | 24,293,000 | 24,442,000 | 24,534,000 | 26,236,000 |
| Total loans | 18,285,000 | 18,513,000 | 18,938,000 | 18,540,000 |
| Allowance for loan losses | 235,000 | 236,000 | 238,000 | 241,000 |
| Securities available for sale | 1,539,000 | 1,674,000 | 1,664,000 | 1,842,000 |
| Securities held to maturity | 1,598,000 | 1,598,000 | 1,598,000 | 1,181,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,185,000 | 20,236,000 | 20,245,000 | 22,129,000 |
| Interest-bearing deposits | 16,637,000 | 16,310,000 | 16,874,000 | 18,089,000 |
| Noninterest-bearing deposits | 3,548,000 | 3,926,000 | 3,371,000 | 4,040,000 |
| Equity capital | 4,005,000 | 4,080,000 | 4,157,000 | 4,005,000 |
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 | 236,000 | 471,000 | 711,000 | 941,000 |
| Interest expense | 42,000 | 82,000 | 117,000 | 149,000 |
| Net interest income | 194,000 | 389,000 | 594,000 | 792,000 |
| Noninterest income | 3,000 | 5,000 | 8,000 | 10,000 |
| Noninterest expense | 107,000 | 210,000 | 320,000 | 483,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 184,000 | 291,000 | 328,000 |
| Income tax | 21,000 | 51,000 | 80,000 | 71,000 |
| Net income | 69,000 | 133,000 | 211,000 | 257,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,990,000 | 4,054,000 | 4,132,000 | 3,978,000 |
| Total capital | — | — | — | 4,219,000 |
| Risk-weighted assets | — | — | — | 20,574,000 |