Call reports 2020
WALDO STATE BANK — 2020
What WALDO 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 | 84,481,000 | 95,322,000 | 100,812,000 | 107,635,000 |
| Total loans | 61,328,000 | 65,377,000 | 66,161,000 | 68,455,000 |
| Allowance for loan losses | 1,011,000 | 1,021,000 | 1,029,000 | 1,039,000 |
| Securities available for sale | 8,780,000 | 9,051,000 | 10,430,000 | 11,306,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,521,000 | 82,003,000 | 87,209,000 | 93,758,000 |
| Interest-bearing deposits | 63,671,000 | 71,401,000 | 76,693,000 | 83,422,000 |
| Noninterest-bearing deposits | 7,850,000 | 10,602,000 | 10,516,000 | 10,336,000 |
| Equity capital | 10,815,000 | 11,128,000 | 11,362,000 | 11,518,000 |
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 | 970,000 | 1,884,000 | 2,867,000 | 3,826,000 |
| Interest expense | 262,000 | 506,000 | 750,000 | 982,000 |
| Net interest income | 708,000 | 1,378,000 | 2,117,000 | 2,844,000 |
| Noninterest income | 119,000 | 266,000 | 441,000 | 579,000 |
| Noninterest expense | 601,000 | 1,135,000 | 1,716,000 | 2,306,000 |
| Provision for loan losses | 8,000 | 15,000 | 22,000 | 30,000 |
| Pretax income | 218,000 | 494,000 | 820,000 | 1,087,000 |
| Income tax | 26,000 | 55,000 | 145,000 | 163,000 |
| Net income | 192,000 | 439,000 | 675,000 | 924,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,705,000 | 10,952,000 | 11,188,000 | 11,357,000 |