Call reports 2020
CONCORDIA BANK — 2020
What CONCORDIA 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 | 76,340,000 | 86,607,000 | 87,233,000 | 87,644,000 |
| Total loans | 55,461,000 | 63,886,000 | 63,268,000 | 62,227,000 |
| Allowance for loan losses | 415,000 | 427,000 | 428,000 | 935,000 |
| Securities available for sale | 3,176,000 | 3,044,000 | 2,387,000 | 3,518,000 |
| Securities held to maturity | 893,000 | 887,000 | 185,000 | 185,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,468,000 | 77,484,000 | 77,722,000 | 78,344,000 |
| Interest-bearing deposits | 54,216,000 | 60,225,000 | 59,439,000 | 58,862,000 |
| Noninterest-bearing deposits | 13,252,000 | 17,259,000 | 18,283,000 | 19,482,000 |
| Equity capital | 8,360,000 | 8,629,000 | 8,941,000 | 8,789,000 |
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 | 838,000 | 1,710,000 | 2,669,000 | 3,597,000 |
| Interest expense | 90,000 | 165,000 | 238,000 | 307,000 |
| Net interest income | 748,000 | 1,545,000 | 2,431,000 | 3,290,000 |
| Noninterest income | 113,000 | 274,000 | 431,000 | 568,000 |
| Noninterest expense | 605,000 | 1,187,000 | 1,788,000 | 2,437,000 |
| Provision for loan losses | 67,000 | 79,000 | 80,000 | 587,000 |
| Pretax income | 235,000 | 599,000 | 1,040,000 | 880,000 |
| Income tax | 67,000 | 163,000 | 285,000 | 246,000 |
| Net income | 168,000 | 436,000 | 755,000 | 634,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,158,000 | 8,444,000 | 8,782,000 | 8,679,000 |
| Total capital | — | 8,871,000 | — | — |
| Risk-weighted assets | — | 61,737,000 | — | — |