Call reports 2020
STATE BANK OF SAUNEMIN — 2020
What STATE BANK OF SAUNEMIN 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 | 35,932,000 | 37,279,000 | 38,152,000 | 38,179,000 |
| Total loans | 17,965,000 | 20,695,000 | 20,938,000 | 19,128,000 |
| Allowance for loan losses | 266,000 | 266,000 | 266,000 | 266,000 |
| Securities available for sale | 10,603,000 | 9,642,000 | 10,423,000 | 12,361,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,307,000 | 32,529,000 | 33,380,000 | 33,354,000 |
| Interest-bearing deposits | 25,728,000 | 26,862,000 | 27,699,000 | 27,444,000 |
| Noninterest-bearing deposits | 5,579,000 | 5,667,000 | 5,681,000 | 5,910,000 |
| Equity capital | 4,581,000 | 4,675,000 | 4,694,000 | 4,798,000 |
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 | 333,000 | 635,000 | 920,000 | 1,193,000 |
| Interest expense | 53,000 | 101,000 | 146,000 | 185,000 |
| Net interest income | 280,000 | 534,000 | 774,000 | 1,008,000 |
| Noninterest income | 8,000 | 41,000 | 59,000 | 96,000 |
| Noninterest expense | 196,000 | 362,000 | 543,000 | 720,000 |
| Provision for loan losses | -170,000 | -170,000 | -170,000 | -170,000 |
| Pretax income | 265,000 | 383,000 | 460,000 | 554,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 265,000 | 383,000 | 460,000 | 554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,350,000 | 4,396,000 | 4,438,000 | 4,532,000 |