Call reports 2020
PARKE BANK — 2020
What PARKE 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 | 1,816,998,000 | 1,935,468,000 | 2,075,888,000 | 2,077,919,000 |
| Total loans | 1,468,397,000 | 1,544,426,000 | 1,574,809,000 | 1,566,008,000 |
| Allowance for loan losses | 23,219,000 | 25,228,000 | 27,588,000 | 29,698,000 |
| Securities available for sale | 26,022,000 | 24,392,000 | 22,102,000 | 19,882,000 |
| Securities held to maturity | 1,181,000 | 1,195,000 | 1,209,000 | 1,224,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,471,396,000 | 1,510,752,000 | 1,598,707,000 | 1,593,726,000 |
| Interest-bearing deposits | 1,117,439,000 | 1,152,212,000 | 1,174,664,000 | 1,163,583,000 |
| Noninterest-bearing deposits | 353,957,000 | 358,540,000 | 424,043,000 | 430,143,000 |
| Equity capital | 196,275,000 | 200,895,000 | 234,962,000 | 242,690,000 |
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 | 21,557,000 | 42,000,000 | 62,874,000 | 84,537,000 |
| Interest expense | 6,240,000 | 11,714,000 | 16,628,000 | 20,570,000 |
| Net interest income | 15,317,000 | 30,286,000 | 46,246,000 | 63,967,000 |
| Noninterest income | 984,000 | 1,908,000 | 2,646,000 | 4,172,000 |
| Noninterest expense | 4,794,000 | 9,582,000 | 14,338,000 | 19,997,000 |
| Provision for loan losses | 1,396,000 | 3,396,000 | 5,796,000 | 7,646,000 |
| Pretax income | 10,111,000 | 19,216,000 | 28,758,000 | 40,496,000 |
| Income tax | 2,555,000 | 4,865,000 | 7,171,000 | 10,011,000 |
| Net income | 7,400,000 | 14,092,000 | 21,228,000 | 30,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 197,083,000 | 201,737,000 | 236,043,000 | 243,899,000 |