Call reports 2020
NEWBANK — 2020
What NEWBANK 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 | 440,198,000 | 482,035,000 | 477,045,000 | 481,597,000 |
| Total loans | 242,675,000 | 272,230,000 | 292,691,000 | 303,409,000 |
| Allowance for loan losses | 3,044,000 | 3,253,000 | 3,653,000 | 3,798,000 |
| Securities available for sale | 46,000 | 43,000 | 40,000 | 37,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,881,000 | 419,342,000 | 414,164,000 | 418,262,000 |
| Interest-bearing deposits | 277,284,000 | 263,612,000 | 269,409,000 | 266,788,000 |
| Noninterest-bearing deposits | 101,597,000 | 155,730,000 | 144,755,000 | 151,474,000 |
| Equity capital | 49,648,000 | 51,095,000 | 51,704,000 | 51,693,000 |
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 | 4,796,000 | 8,380,000 | 12,176,000 | 16,087,000 |
| Interest expense | 1,646,000 | 3,000,000 | 4,112,000 | 4,957,000 |
| Net interest income | 3,150,000 | 5,380,000 | 8,064,000 | 11,130,000 |
| Noninterest income | 1,159,000 | 3,349,000 | 4,610,000 | 5,573,000 |
| Noninterest expense | 2,784,000 | 5,457,000 | 8,414,000 | 12,038,000 |
| Provision for loan losses | 400,000 | 400,000 | 679,000 | 779,000 |
| Pretax income | 1,125,000 | 2,872,000 | 3,581,000 | 3,886,000 |
| Income tax | 100,000 | 400,000 | 500,000 | 816,000 |
| Net income | 1,025,000 | 2,472,000 | 3,081,000 | 3,070,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,231,000 | 50,678,000 | 51,286,000 | 51,276,000 |
| Total capital | 52,332,000 | — | — | — |
| Risk-weighted assets | 254,227,000 | — | — | — |