Call reports 2020
USNY BANK — 2020
What USNY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Total assets | 443,837,000 | 463,824,000 |
| Total loans | 392,732,000 | 419,256,000 |
| Allowance for loan losses | 8,209,000 | 5,982,000 |
| Securities available for sale | 18,765,000 | 13,948,000 |
| Securities held to maturity | 2,610,000 | 3,049,000 |
| Trading assets | 0 | 0 |
| Total deposits | 393,869,000 | 412,831,000 |
| Interest-bearing deposits | 334,526,000 | 337,081,000 |
| Noninterest-bearing deposits | 59,343,000 | 75,750,000 |
| Equity capital | 46,509,000 | 44,777,000 |
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 |
|---|---|---|
| Interest income | 5,094,000 | 10,173,000 |
| Interest expense | 1,258,000 | 2,343,000 |
| Net interest income | 3,836,000 | 7,830,000 |
| Noninterest income | 265,000 | 612,000 |
| Noninterest expense | 2,623,000 | 9,670,000 |
| Provision for loan losses | 898,000 | 1,006,000 |
| Pretax income | 580,000 | -2,234,000 |
| Income tax | 250,000 | -159,000 |
| Net income | 330,000 | -2,075,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Tier 1 capital | 46,607,000 | 44,453,000 |
| Total capital | 51,714,000 | — |
| Risk-weighted assets | 405,449,000 | — |