Call reports 2020
1880 BANK — 2020
What 1880 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 |
|---|---|---|---|
| Total assets | 377,321,000 | 400,384,000 | 403,078,000 |
| Total loans | 248,870,000 | 282,828,000 | 281,133,000 |
| Allowance for loan losses | 2,183,000 | 2,183,000 | 2,182,000 |
| Securities available for sale | 37,480,000 | 36,609,000 | 34,345,000 |
| Securities held to maturity | 4,659,000 | 4,634,000 | 4,650,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 315,776,000 | 338,171,000 | 339,989,000 |
| Interest-bearing deposits | 222,247,000 | 225,001,000 | 224,519,000 |
| Noninterest-bearing deposits | 93,529,000 | 113,170,000 | 115,470,000 |
| Equity capital | 55,827,000 | 56,619,000 | 57,402,000 |
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 |
|---|---|---|---|
| Interest income | 3,310,000 | 6,506,000 | 9,920,000 |
| Interest expense | 305,000 | 546,000 | 768,000 |
| Net interest income | 3,005,000 | 5,960,000 | 9,152,000 |
| Noninterest income | 408,000 | 767,000 | 1,093,000 |
| Noninterest expense | 2,404,000 | 4,322,000 | 6,581,000 |
| Provision for loan losses | 288,000 | 288,000 | 288,000 |
| Pretax income | 721,000 | 2,117,000 | 3,376,000 |
| Income tax | 167,000 | 567,000 | 907,000 |
| Net income | 554,000 | 1,550,000 | 2,469,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Tier 1 capital | 51,088,000 | 51,846,000 | 52,724,000 |
| Total capital | 53,432,000 | 54,190,000 | 54,940,000 |
| Risk-weighted assets | 255,793,000 | 259,369,000 | 254,808,000 |