Call reports 2020
CHAMPLAIN NATIONAL BANK — 2020
What CHAMPLAIN NATIONAL 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 | 372,074,000 | 399,979,000 | 403,031,000 | 390,451,000 |
| Total loans | 267,425,000 | 288,237,000 | 286,507,000 | 276,567,000 |
| Allowance for loan losses | 4,174,000 | 4,460,000 | 4,853,000 | 5,257,000 |
| Securities available for sale | 72,879,000 | 75,392,000 | 77,459,000 | 76,750,000 |
| Securities held to maturity | 5,807,000 | 7,576,000 | 7,256,000 | 5,617,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,082,000 | 351,391,000 | 358,816,000 | 339,519,000 |
| Interest-bearing deposits | 232,258,000 | 241,386,000 | 238,021,000 | 223,257,000 |
| Noninterest-bearing deposits | 89,824,000 | 110,005,000 | 120,794,000 | 116,262,000 |
| Equity capital | 33,002,000 | 34,258,000 | 35,019,000 | 37,078,000 |
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 | 3,669,000 | 7,342,000 | 11,098,000 | 14,786,000 |
| Interest expense | 423,000 | 687,000 | 838,000 | 942,000 |
| Net interest income | 3,246,000 | 6,655,000 | 10,260,000 | 13,844,000 |
| Noninterest income | 510,000 | 977,000 | 1,495,000 | 2,106,000 |
| Noninterest expense | 2,528,000 | 5,059,000 | 7,532,000 | 10,320,000 |
| Provision for loan losses | 75,000 | 375,000 | 825,000 | 1,225,000 |
| Pretax income | 1,153,000 | 2,199,000 | 3,399,000 | 4,406,000 |
| Income tax | 217,000 | 399,000 | 619,000 | 781,000 |
| Net income | 936,000 | 1,800,000 | 2,780,000 | 3,625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,056,000 | 34,831,000 | 35,690,000 | 36,413,000 |
| Total capital | 37,273,000 | — | — | — |
| Risk-weighted assets | 256,403,000 | — | — | — |