Call reports 2020
BANKFIRST — 2020
What BANKFIRST 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 | 756,185,000 | 795,713,000 | 814,209,000 | 830,237,000 |
| Total loans | 547,915,000 | 572,582,000 | 586,577,000 | 566,104,000 |
| Allowance for loan losses | 6,947,000 | 7,707,000 | 8,539,000 | 9,291,000 |
| Securities available for sale | 110,776,000 | 123,894,000 | 139,570,000 | 181,851,000 |
| Securities held to maturity | 16,470,000 | 13,748,000 | 10,096,000 | 8,430,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 496,495,000 | 548,604,000 | 561,058,000 | 573,353,000 |
| Interest-bearing deposits | 420,850,000 | 450,145,000 | 464,284,000 | 479,970,000 |
| Noninterest-bearing deposits | 75,645,000 | 98,459,000 | 96,774,000 | 93,383,000 |
| Equity capital | 88,043,000 | 90,420,000 | 96,417,000 | 101,110,000 |
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 | 8,889,000 | 16,749,000 | 26,093,000 | 34,834,000 |
| Interest expense | 2,092,000 | 3,852,000 | 5,485,000 | 6,954,000 |
| Net interest income | 6,797,000 | 12,897,000 | 20,608,000 | 27,880,000 |
| Noninterest income | 1,066,000 | 1,985,000 | 3,134,000 | 4,138,000 |
| Noninterest expense | 3,431,000 | 6,349,000 | 9,895,000 | 13,437,000 |
| Provision for loan losses | 550,000 | 1,300,000 | 2,050,000 | 2,800,000 |
| Pretax income | 4,279,000 | 7,636,000 | 12,499,000 | 17,166,000 |
| Income tax | 989,000 | 1,647,000 | 2,666,000 | 2,917,000 |
| Net income | 3,290,000 | 5,989,000 | 9,833,000 | 14,249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,683,000 | 76,026,000 | 80,527,000 | 84,650,000 |
| Total capital | 79,655,000 | 83,758,000 | 89,091,000 | 93,966,000 |
| Risk-weighted assets | 722,384,000 | 692,312,000 | 697,659,000 | 754,434,000 |