Call reports 2020
ISLANDERS BANK — 2020
What ISLANDERS 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 | 293,450,000 | 320,147,000 | 340,394,000 | 346,512,000 |
| Total loans | 185,173,000 | 183,801,000 | 188,768,000 | 179,419,000 |
| Allowance for loan losses | 2,274,000 | 2,556,000 | 2,640,000 | 2,845,000 |
| Securities available for sale | 57,782,000 | 56,889,000 | 49,957,000 | 41,761,000 |
| Securities held to maturity | 4,815,000 | 4,210,000 | 4,060,000 | 2,810,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,930,000 | 292,316,000 | 311,901,000 | 318,083,000 |
| Interest-bearing deposits | 156,497,000 | 166,488,000 | 174,407,000 | 180,113,000 |
| Noninterest-bearing deposits | 105,433,000 | 125,828,000 | 137,494,000 | 137,970,000 |
| Equity capital | 29,984,000 | 26,714,000 | 27,664,000 | 27,608,000 |
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 | 3,022,000 | 5,817,000 | 8,503,000 | 11,094,000 |
| Interest expense | 103,000 | 204,000 | 308,000 | 419,000 |
| Net interest income | 2,919,000 | 5,613,000 | 8,195,000 | 10,675,000 |
| Noninterest income | 201,000 | 362,000 | 541,000 | 722,000 |
| Noninterest expense | 1,734,000 | 3,462,000 | 5,098,000 | 7,150,000 |
| Provision for loan losses | 9,000 | 281,000 | 366,000 | 623,000 |
| Pretax income | 1,377,000 | 2,232,000 | 3,272,000 | 3,624,000 |
| Income tax | 249,000 | 386,000 | 555,000 | 567,000 |
| Net income | 1,128,000 | 1,846,000 | 2,717,000 | 3,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,398,000 | 26,207,000 | 27,077,000 | 26,983,000 |
| Total capital | 31,693,000 | 28,579,000 | 29,516,000 | 29,333,000 |
| Risk-weighted assets | 186,543,000 | 189,547,000 | 194,931,000 | 187,468,000 |