Call reports 2020
CLEAR MOUNTAIN BANK, INC. — 2020
What CLEAR MOUNTAIN BANK, INC. 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 | 667,413,000 | 737,270,000 | 761,902,000 | 767,161,000 |
| Total loans | 492,996,000 | 523,180,000 | 550,684,000 | 547,925,000 |
| Allowance for loan losses | 8,060,000 | 8,643,000 | 9,171,000 | 9,496,000 |
| Securities available for sale | 89,560,000 | 116,699,000 | 128,809,000 | 123,073,000 |
| Securities held to maturity | 28,149,000 | 25,057,000 | 23,825,000 | 21,990,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 579,253,000 | 647,287,000 | 668,689,000 | 669,714,000 |
| Interest-bearing deposits | 412,745,000 | 444,909,000 | 456,279,000 | 447,025,000 |
| Noninterest-bearing deposits | 166,508,000 | 202,378,000 | 212,410,000 | 222,689,000 |
| Equity capital | 81,958,000 | 85,026,000 | 87,676,000 | 92,289,000 |
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 | 7,468,000 | 14,751,000 | 22,064,000 | 29,443,000 |
| Interest expense | 1,146,000 | 2,123,000 | 3,056,000 | 3,924,000 |
| Net interest income | 6,322,000 | 12,628,000 | 19,008,000 | 25,519,000 |
| Noninterest income | 1,731,000 | 4,103,000 | 6,926,000 | 10,146,000 |
| Noninterest expense | 5,176,000 | 10,052,000 | 15,314,000 | 20,949,000 |
| Provision for loan losses | 344,000 | 887,000 | 1,380,000 | 1,855,000 |
| Pretax income | 2,533,000 | 5,792,000 | 9,240,000 | 12,861,000 |
| Income tax | 597,000 | 1,216,000 | 2,003,000 | 2,820,000 |
| Net income | 1,936,000 | 4,576,000 | 7,237,000 | 10,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,855,000 | 84,269,000 | 86,670,000 | 90,865,000 |