Call reports 2020
RESOURCE BANK, NATIONAL ASSOCIATION — 2020
What RESOURCE BANK, NATIONAL ASSOCIATION 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 | 544,280,000 | 614,618,000 | 624,607,000 | 650,866,000 |
| Total loans | 315,238,000 | 353,508,000 | 360,127,000 | 334,974,000 |
| Allowance for loan losses | 3,989,000 | 4,135,000 | 4,186,000 | 4,424,000 |
| Securities available for sale | 176,528,000 | 187,291,000 | 196,331,000 | 205,424,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 492,842,000 | 557,924,000 | 566,413,000 | 591,493,000 |
| Interest-bearing deposits | 381,592,000 | 415,600,000 | 429,045,000 | 442,381,000 |
| Noninterest-bearing deposits | 111,250,000 | 142,324,000 | 137,368,000 | 149,112,000 |
| Equity capital | 50,016,000 | 54,624,000 | 56,174,000 | 56,512,000 |
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 | 5,327,000 | 10,369,000 | 15,773,000 | 21,493,000 |
| Interest expense | 654,000 | 1,145,000 | 1,584,000 | 1,993,000 |
| Net interest income | 4,673,000 | 9,224,000 | 14,189,000 | 19,500,000 |
| Noninterest income | 1,616,000 | 3,268,000 | 5,077,000 | 7,028,000 |
| Noninterest expense | 4,722,000 | 9,163,000 | 14,046,000 | 19,689,000 |
| Provision for loan losses | 75,000 | 225,000 | 375,000 | 600,000 |
| Pretax income | 1,492,000 | 4,307,000 | 6,172,000 | 7,639,000 |
| Income tax | 38,000 | 80,000 | 106,000 | 137,000 |
| Net income | 1,454,000 | 4,227,000 | 6,066,000 | 7,502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,338,000 | 49,361,000 | 50,300,000 | 50,737,000 |
| Total capital | 51,327,000 | 53,496,000 | 54,486,000 | 55,161,000 |
| Risk-weighted assets | 366,743,000 | 366,533,000 | 371,150,000 | 375,151,000 |