Call reports 2020
MONTICELLO BANKING COMPANY — 2020
What MONTICELLO BANKING COMPANY 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 | 781,594,000 | 869,778,000 | 899,262,000 | 915,696,000 |
| Total loans | 584,665,000 | 609,891,000 | 614,326,000 | 632,659,000 |
| Allowance for loan losses | 6,346,000 | 6,586,000 | 6,671,000 | 7,111,000 |
| Securities available for sale | 90,173,000 | 123,653,000 | 157,955,000 | 162,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 670,162,000 | 752,995,000 | 780,475,000 | 797,589,000 |
| Interest-bearing deposits | 612,054,000 | 679,984,000 | 702,988,000 | 714,337,000 |
| Noninterest-bearing deposits | 58,108,000 | 73,011,000 | 77,487,000 | 83,252,000 |
| Equity capital | 79,493,000 | 86,270,000 | 87,715,000 | 88,361,000 |
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 | 8,342,000 | 16,569,000 | 24,679,000 | 33,747,000 |
| Interest expense | 1,542,000 | 3,010,000 | 4,380,000 | 5,594,000 |
| Net interest income | 6,800,000 | 13,559,000 | 20,299,000 | 28,153,000 |
| Noninterest income | 1,326,000 | 2,645,000 | 4,155,000 | 5,696,000 |
| Noninterest expense | 5,593,000 | 10,988,000 | 16,370,000 | 21,735,000 |
| Provision for loan losses | 300,000 | 600,000 | 925,000 | 1,350,000 |
| Pretax income | 2,280,000 | 4,666,000 | 7,209,000 | 11,938,000 |
| Income tax | 353,000 | 703,000 | 1,056,000 | 1,900,000 |
| Net income | 1,927,000 | 3,963,000 | 6,153,000 | 10,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,013,000 | 81,194,000 | 82,457,000 | 83,223,000 |