Call reports 2020
INVESTORS COMMUNITY BANK — 2020
What INVESTORS COMMUNITY 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 | 69,689,000 | 74,580,000 | 79,054,000 | 78,789,000 |
| Total loans | 26,643,000 | 27,306,000 | 27,803,000 | 26,483,000 |
| Allowance for loan losses | 630,000 | 609,000 | 680,000 | 680,000 |
| Securities available for sale | 38,675,000 | 42,112,000 | 46,420,000 | 47,071,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,460,000 | 63,252,000 | 67,341,000 | 65,667,000 |
| Interest-bearing deposits | 46,041,000 | 47,516,000 | 50,334,000 | 49,635,000 |
| Noninterest-bearing deposits | 13,419,000 | 15,736,000 | 17,007,000 | 16,032,000 |
| Equity capital | 9,952,000 | 10,842,000 | 11,157,000 | 11,472,000 |
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 | 610,000 | 1,241,000 | 1,874,000 | 2,510,000 |
| Interest expense | 113,000 | 182,000 | 232,000 | 272,000 |
| Net interest income | 497,000 | 1,059,000 | 1,642,000 | 2,238,000 |
| Noninterest income | 59,000 | 289,000 | 391,000 | 559,000 |
| Noninterest expense | 436,000 | 852,000 | 1,265,000 | 1,754,000 |
| Provision for loan losses | 0 | 0 | 70,000 | 70,000 |
| Pretax income | 120,000 | 496,000 | 739,000 | 1,014,000 |
| Income tax | -13,000 | 30,000 | 58,000 | 75,000 |
| Net income | 133,000 | 466,000 | 681,000 | 939,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,251,000 | 9,584,000 | 9,799,000 | 10,042,000 |
| Total capital | 9,632,000 | 9,963,000 | 10,192,000 | 10,437,000 |
| Risk-weighted assets | 30,206,000 | 30,053,000 | 31,142,000 | 31,340,000 |