Call reports 2020
CUMBERLAND SECURITY BANK, INC. — 2020
What CUMBERLAND SECURITY BANK, INC. 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 | 232,323,000 | 259,364,000 | 264,099,000 | 257,465,000 |
| Total loans | 190,192,000 | 195,341,000 | 197,163,000 | 190,691,000 |
| Allowance for loan losses | 4,838,000 | 4,901,000 | 5,109,000 | 5,771,000 |
| Securities available for sale | 24,493,000 | 25,115,000 | 26,720,000 | 26,045,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,726,000 | 206,814,000 | 211,548,000 | 205,009,000 |
| Interest-bearing deposits | 117,976,000 | 123,781,000 | 121,284,000 | 105,378,000 |
| Noninterest-bearing deposits | 68,750,000 | 83,033,000 | 90,264,000 | 99,631,000 |
| Equity capital | 31,489,000 | 33,892,000 | 33,873,000 | 34,147,000 |
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 | 2,830,000 | 5,647,000 | 8,591,000 | 11,467,000 |
| Interest expense | 207,000 | 397,000 | 537,000 | 635,000 |
| Net interest income | 2,623,000 | 5,250,000 | 8,054,000 | 10,832,000 |
| Noninterest income | 682,000 | 1,646,000 | 2,731,000 | 3,777,000 |
| Noninterest expense | 1,525,000 | 3,099,000 | 4,666,000 | 6,267,000 |
| Provision for loan losses | 60,000 | 120,000 | 365,000 | 1,025,000 |
| Pretax income | 1,720,000 | 3,677,000 | 5,754,000 | 7,317,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,720,000 | 3,677,000 | 5,754,000 | 7,317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,246,000 | 33,202,000 | 33,180,000 | 33,493,000 |
| Total capital | 33,481,000 | 35,632,000 | 35,549,000 | 35,867,000 |
| Risk-weighted assets | 176,200,000 | 191,909,000 | 186,749,000 | 186,538,000 |