Call reports 2020
CROSS BANK — 2020
What CROSS 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 | 265,395,000 | 281,890,000 | 302,532,000 | 301,090,000 |
| Total loans | 208,458,000 | 245,478,000 | 269,551,000 | 242,088,000 |
| Allowance for loan losses | 4,822,000 | 4,946,000 | 5,067,000 | 5,166,000 |
| Securities available for sale | 1,086,000 | 1,026,000 | 964,000 | 870,000 |
| Securities held to maturity | 9,367,000 | 7,319,000 | 7,076,000 | 6,673,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,416,000 | 246,458,000 | 246,740,000 | 263,847,000 |
| Interest-bearing deposits | 187,642,000 | 194,268,000 | 196,963,000 | 205,854,000 |
| Noninterest-bearing deposits | 42,774,000 | 52,190,000 | 49,777,000 | 57,993,000 |
| Equity capital | 32,896,000 | 33,542,000 | 34,704,000 | 35,582,000 |
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 | 3,383,000 | 6,903,000 | 10,792,000 | 14,638,000 |
| Interest expense | 656,000 | 1,226,000 | 1,757,000 | 2,242,000 |
| Net interest income | 2,727,000 | 5,677,000 | 9,035,000 | 12,396,000 |
| Noninterest income | 350,000 | 679,000 | 1,049,000 | 1,423,000 |
| Noninterest expense | 1,988,000 | 3,891,000 | 5,795,000 | 8,094,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 440,000 |
| Pretax income | 948,000 | 2,209,000 | 3,914,000 | 5,279,000 |
| Income tax | 238,000 | 560,000 | 1,003,000 | 1,384,000 |
| Net income | 710,000 | 1,649,000 | 2,911,000 | 3,895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,129,000 | 32,770,000 | 33,944,000 | 34,827,000 |