Call reports 2020
FIRST NATIONAL BANK IN FREDONIA — 2020
What FIRST NATIONAL BANK IN FREDONIA 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 | 92,247,000 | 101,402,000 | 100,368,000 | 105,463,000 |
| Total loans | 33,937,000 | 34,810,000 | 37,310,000 | 36,845,000 |
| Allowance for loan losses | 761,000 | 761,000 | 777,000 | 747,000 |
| Securities available for sale | 54,281,000 | 59,626,000 | 59,399,000 | 55,210,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,125,000 | 83,801,000 | 82,685,000 | 88,224,000 |
| Interest-bearing deposits | 59,226,000 | 67,307,000 | 68,012,000 | 72,162,000 |
| Noninterest-bearing deposits | 15,899,000 | 16,494,000 | 14,673,000 | 16,062,000 |
| Equity capital | 17,017,000 | 17,453,000 | 17,533,000 | 17,144,000 |
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 | 886,000 | 1,741,000 | 2,580,000 | 3,397,000 |
| Interest expense | 121,000 | 236,000 | 346,000 | 448,000 |
| Net interest income | 765,000 | 1,505,000 | 2,234,000 | 2,949,000 |
| Noninterest income | 102,000 | 164,000 | 246,000 | 331,000 |
| Noninterest expense | 571,000 | 994,000 | 1,497,000 | 2,093,000 |
| Provision for loan losses | 7,000 | 14,000 | 21,000 | 28,000 |
| Pretax income | 291,000 | 663,000 | 976,000 | 1,173,000 |
| Income tax | 0 | 21,000 | 36,000 | 51,000 |
| Net income | 291,000 | 642,000 | 940,000 | 1,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,119,000 | 15,966,000 | 16,274,000 | 15,983,000 |