Call reports 2020
EMPIRE STATE BANK — 2020
What EMPIRE STATE 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 | 429,379,000 | 511,843,000 | 495,398,000 | 515,522,000 |
| Total loans | 373,411,000 | 434,556,000 | 431,770,000 | 434,417,000 |
| Allowance for loan losses | 4,491,000 | 5,069,000 | 5,168,000 | 5,453,000 |
| Securities available for sale | 8,386,000 | 7,776,000 | 7,156,000 | 6,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,237,000 | 374,498,000 | 357,907,000 | 382,981,000 |
| Interest-bearing deposits | 259,386,000 | 252,477,000 | 253,630,000 | 265,384,000 |
| Noninterest-bearing deposits | 82,851,000 | 122,021,000 | 104,277,000 | 117,597,000 |
| Equity capital | 39,591,000 | 40,126,000 | 40,838,000 | 45,464,000 |
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 | 4,507,000 | 9,243,000 | 14,005,000 | 18,788,000 |
| Interest expense | 1,306,000 | 2,341,000 | 3,194,000 | 3,903,000 |
| Net interest income | 3,201,000 | 6,902,000 | 10,811,000 | 14,885,000 |
| Noninterest income | 188,000 | 288,000 | 432,000 | 591,000 |
| Noninterest expense | 2,627,000 | 5,083,000 | 7,753,000 | 10,657,000 |
| Provision for loan losses | 951,000 | 1,701,000 | 2,181,000 | 2,781,000 |
| Pretax income | 5,000 | 600,000 | 1,503,000 | 2,232,000 |
| Income tax | -11,000 | 100,000 | 275,000 | 369,000 |
| Net income | 16,000 | 500,000 | 1,228,000 | 1,863,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,899,000 | 39,388,000 | 40,118,000 | 44,757,000 |
| Total capital | — | 42,957,000 | 43,662,000 | 48,396,000 |
| Risk-weighted assets | — | 284,032,000 | 281,918,000 | 289,305,000 |