Call reports 2020
PINE ISLAND BANK — 2020
What PINE ISLAND 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 | 108,090,000 | 117,322,000 | 117,062,000 | 118,774,000 |
| Total loans | 89,806,000 | 93,182,000 | 95,856,000 | 97,399,000 |
| Allowance for loan losses | 1,052,000 | 1,077,000 | 1,105,000 | 1,130,000 |
| Securities available for sale | 9,252,000 | 8,742,000 | 8,727,000 | 12,401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,163,000 | 94,461,000 | 94,970,000 | 98,694,000 |
| Interest-bearing deposits | 68,953,000 | 75,713,000 | 75,417,000 | 79,382,000 |
| Noninterest-bearing deposits | 15,210,000 | 18,748,000 | 19,553,000 | 19,312,000 |
| Equity capital | 11,539,000 | 12,024,000 | 12,404,000 | 12,778,000 |
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 | 1,209,000 | 2,405,000 | 3,700,000 | 4,942,000 |
| Interest expense | 219,000 | 419,000 | 595,000 | 745,000 |
| Net interest income | 990,000 | 1,986,000 | 3,105,000 | 4,197,000 |
| Noninterest income | 47,000 | 95,000 | 157,000 | 217,000 |
| Noninterest expense | 489,000 | 966,000 | 1,493,000 | 1,988,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 50,000 |
| Pretax income | 553,000 | 1,098,000 | 1,752,000 | 2,386,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 552,000 | 1,097,000 | 1,751,000 | 2,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,164,000 | 10,528,000 | 10,906,000 | 11,303,000 |
| Total capital | 11,137,000 | 11,514,000 | 11,913,000 | 12,352,000 |
| Risk-weighted assets | 77,790,000 | 78,950,000 | 80,432,000 | 83,808,000 |