Call reports 2020
BLUE FOUNDRY BANK — 2020
What BLUE FOUNDRY 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 | 1,913,794,000 | 1,967,990,000 | 1,924,050,000 | 1,945,363,000 |
| Total loans | 1,421,253,000 | 1,421,707,000 | 1,351,915,000 | 1,284,073,000 |
| Allowance for loan losses | 16,000,000 | 17,250,000 | 17,250,000 | 16,959,000 |
| Securities available for sale | 268,576,000 | 258,144,000 | 227,675,000 | 244,587,000 |
| Securities held to maturity | 9,509,000 | 9,508,000 | 7,006,000 | 7,005,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,316,624,000 | 1,355,887,000 | 1,336,215,000 | 1,368,451,000 |
| Interest-bearing deposits | 1,258,290,000 | 1,296,444,000 | 1,280,429,000 | 1,313,031,000 |
| Noninterest-bearing deposits | 58,334,000 | 59,443,000 | 55,787,000 | 55,420,000 |
| Equity capital | 209,749,000 | 206,942,000 | 205,607,000 | 205,227,000 |
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 | 16,614,000 | 32,995,000 | 48,353,000 | 62,750,000 |
| Interest expense | 6,261,000 | 12,192,000 | 17,701,000 | 22,557,000 |
| Net interest income | 10,353,000 | 20,803,000 | 30,652,000 | 40,193,000 |
| Noninterest income | -1,029,000 | -645,000 | -243,000 | 132,000 |
| Noninterest expense | 23,826,000 | 37,742,000 | 50,749,000 | 64,097,000 |
| Provision for loan losses | 1,501,000 | 2,753,000 | 2,754,000 | 2,518,000 |
| Pretax income | -16,003,000 | -20,337,000 | -23,094,000 | -26,221,000 |
| Income tax | -4,684,000 | -5,390,000 | -6,488,000 | -7,963,000 |
| Net income | -11,319,000 | -14,947,000 | -16,606,000 | -18,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 210,837,000 | 209,569,000 | 207,910,000 | 206,258,000 |
| Total capital | 224,794,000 | 223,466,000 | 221,246,000 | 219,262,000 |
| Risk-weighted assets | 1,114,482,000 | 1,108,429,000 | 1,062,947,000 | 1,035,069,000 |