Call reports 2020
NATIONAL IRON BANK, THE — 2020
What NATIONAL IRON BANK, THE 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 | 142,669,000 | 177,810,000 | 196,871,000 | 196,618,000 |
| Total loans | 106,247,000 | 133,838,000 | 141,974,000 | 156,696,000 |
| Allowance for loan losses | 448,000 | 488,000 | 520,000 | 590,000 |
| Securities available for sale | 15,329,000 | 15,119,000 | 13,580,000 | 11,995,000 |
| Securities held to maturity | 5,627,000 | 5,183,000 | 4,670,000 | 4,163,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,177,000 | 163,682,000 | 182,446,000 | 181,155,000 |
| Interest-bearing deposits | 119,581,000 | 141,694,000 | 152,469,000 | 152,222,000 |
| Noninterest-bearing deposits | 11,596,000 | 21,988,000 | 29,977,000 | 28,933,000 |
| Equity capital | 11,428,000 | 14,056,000 | 14,258,000 | 15,362,000 |
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 | 1,194,000 | 2,462,000 | 3,858,000 | 5,505,000 |
| Interest expense | 165,000 | 296,000 | 430,000 | 569,000 |
| Net interest income | 1,029,000 | 2,166,000 | 3,428,000 | 4,936,000 |
| Noninterest income | 133,000 | 239,000 | 377,000 | 515,000 |
| Noninterest expense | 963,000 | 2,075,000 | 3,154,000 | 4,455,000 |
| Provision for loan losses | 25,000 | 68,000 | 98,000 | 182,000 |
| Pretax income | 174,000 | 261,000 | 552,000 | 813,000 |
| Income tax | 12,000 | 26,000 | 50,000 | 66,000 |
| Net income | 162,000 | 235,000 | 502,000 | 747,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,085,000 | 13,726,000 | 13,945,000 | 15,070,000 |
| Total capital | 11,537,000 | 14,219,000 | 14,469,000 | 15,665,000 |
| Risk-weighted assets | 67,298,000 | 81,176,000 | 84,534,000 | 95,646,000 |