Call reports 2020
21ST CENTURY BANK — 2020
What 21ST CENTURY 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 | 561,846,000 | 603,523,000 | 617,888,000 | 600,617,000 |
| Total loans | 448,704,000 | 522,290,000 | 541,255,000 | 528,695,000 |
| Allowance for loan losses | 2,712,000 | 3,340,000 | 3,538,000 | 3,638,000 |
| Securities available for sale | 58,783,000 | 56,742,000 | 55,022,000 | 52,363,000 |
| Securities held to maturity | 2,563,000 | 2,318,000 | 2,273,000 | 1,722,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 454,876,000 | 492,870,000 | 499,276,000 | 499,341,000 |
| Interest-bearing deposits | 343,661,000 | 335,185,000 | 340,191,000 | 344,221,000 |
| Noninterest-bearing deposits | 111,215,000 | 157,685,000 | 159,085,000 | 155,120,000 |
| Equity capital | 64,697,000 | 67,657,000 | 68,519,000 | 69,546,000 |
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 | 5,831,000 | 14,447,000 | 20,724,000 | 26,899,000 |
| Interest expense | 1,244,000 | 2,305,000 | 3,161,000 | 3,897,000 |
| Net interest income | 4,587,000 | 12,142,000 | 17,563,000 | 23,002,000 |
| Noninterest income | -93,000 | -327,000 | -152,000 | -975,000 |
| Noninterest expense | 3,241,000 | 6,076,000 | 8,897,000 | 11,873,000 |
| Provision for loan losses | 280,000 | 905,000 | 1,115,000 | 1,215,000 |
| Pretax income | 973,000 | 4,834,000 | 7,399,000 | 8,939,000 |
| Income tax | 283,000 | 1,403,000 | 2,147,000 | 2,599,000 |
| Net income | 690,000 | 3,431,000 | 5,252,000 | 6,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,613,000 | 67,354,000 | 68,175,000 | 69,263,000 |
| Total capital | 67,325,000 | 70,694,000 | 71,713,000 | 72,901,000 |
| Risk-weighted assets | 388,903,000 | 395,299,000 | 389,792,000 | 396,226,000 |