Call reports 2020
CACHE VALLEY BANK — 2020
What CACHE VALLEY 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 | 1,450,947,000 | 2,701,835,000 | 2,770,902,000 | 2,618,593,000 |
| Total loans | 1,133,342,000 | 1,909,391,000 | 2,012,116,000 | 1,840,855,000 |
| Allowance for loan losses | 17,033,000 | 17,093,000 | 16,949,000 | 17,026,000 |
| Securities available for sale | 12,535,000 | 10,909,000 | 8,372,000 | 5,069,000 |
| Securities held to maturity | 12,424,000 | 12,411,000 | 12,401,000 | 16,469,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,282,486,000 | 1,669,801,000 | 1,791,787,000 | 1,847,586,000 |
| Interest-bearing deposits | 885,320,000 | 1,053,200,000 | 1,141,388,000 | 1,131,264,000 |
| Noninterest-bearing deposits | 397,166,000 | 616,601,000 | 650,399,000 | 716,322,000 |
| Equity capital | 165,009,000 | 171,103,000 | 178,749,000 | 192,795,000 |
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 | 18,951,000 | 39,448,000 | 61,407,000 | 91,725,000 |
| Interest expense | 2,484,000 | 5,147,000 | 8,018,000 | 10,751,000 |
| Net interest income | 16,467,000 | 34,301,000 | 53,389,000 | 80,974,000 |
| Noninterest income | 1,707,000 | 3,672,000 | 5,580,000 | 8,451,000 |
| Noninterest expense | 8,560,000 | 18,647,000 | 28,251,000 | 38,985,000 |
| Provision for loan losses | 480,000 | 960,000 | 960,000 | 960,000 |
| Pretax income | 9,134,000 | 18,366,000 | 29,758,000 | 49,480,000 |
| Income tax | 2,285,000 | 4,600,000 | 7,425,000 | 12,188,000 |
| Net income | 6,849,000 | 13,766,000 | 22,333,000 | 37,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 164,688,000 | 170,645,000 | 178,346,000 | 192,455,000 |