Call reports 2020
FLATWATER BANK — 2020
What FLATWATER 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 | 216,650,000 | 222,049,000 | 234,945,000 | 216,772,000 |
| Total loans | 147,415,000 | 155,916,000 | 152,646,000 | 141,309,000 |
| Allowance for loan losses | 2,901,000 | 3,107,000 | 3,093,000 | 2,754,000 |
| Securities available for sale | 37,782,000 | 36,765,000 | 41,035,000 | 50,138,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,044,000 | 189,814,000 | 201,785,000 | 187,225,000 |
| Interest-bearing deposits | 156,946,000 | 163,534,000 | 171,187,000 | 157,924,000 |
| Noninterest-bearing deposits | 20,098,000 | 26,280,000 | 30,598,000 | 29,301,000 |
| Equity capital | 26,053,000 | 27,573,000 | 28,330,000 | 28,107,000 |
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 | 2,501,000 | 5,319,000 | 7,603,000 | 9,738,000 |
| Interest expense | 560,000 | 964,000 | 1,295,000 | 1,589,000 |
| Net interest income | 1,941,000 | 4,355,000 | 6,308,000 | 8,149,000 |
| Noninterest income | 431,000 | 800,000 | 1,222,000 | 1,687,000 |
| Noninterest expense | 1,349,000 | 2,982,000 | 4,392,000 | 6,085,000 |
| Provision for loan losses | 202,000 | 405,000 | 607,000 | 810,000 |
| Pretax income | 1,159,000 | 2,106,000 | 2,869,000 | 3,279,000 |
| Income tax | 18,000 | 36,000 | 54,000 | 83,000 |
| Net income | 1,141,000 | 2,070,000 | 2,815,000 | 3,196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,012,000 | 21,756,000 | 22,317,000 | 22,514,000 |