Call reports 2020
TRUNORTH BANK — 2020
What TRUNORTH 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 | 1,378,626,000 | 1,490,753,000 | 1,508,463,000 | 1,498,233,000 |
| Total loans | 1,148,165,000 | 1,196,716,000 | 1,198,854,000 | 1,154,570,000 |
| Allowance for loan losses | 10,871,000 | 12,227,000 | 13,595,000 | 14,967,000 |
| Securities available for sale | 38,097,000 | 45,772,000 | 42,982,000 | 35,625,000 |
| Securities held to maturity | 89,722,000 | 83,752,000 | 79,123,000 | 81,718,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,160,660,000 | 1,289,209,000 | 1,311,268,000 | 1,307,503,000 |
| Interest-bearing deposits | 914,085,000 | 945,019,000 | 958,733,000 | 960,737,000 |
| Noninterest-bearing deposits | 246,575,000 | 344,190,000 | 352,535,000 | 346,766,000 |
| Equity capital | 148,243,000 | 150,553,000 | 153,993,000 | 157,673,000 |
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 | 15,397,000 | 29,639,000 | 44,085,000 | 58,312,000 |
| Interest expense | 2,690,000 | 4,801,000 | 6,445,000 | 7,934,000 |
| Net interest income | 12,707,000 | 24,838,000 | 37,640,000 | 50,378,000 |
| Noninterest income | 1,121,000 | 2,269,000 | 4,622,000 | 6,749,000 |
| Noninterest expense | 9,146,000 | 17,998,000 | 27,393,000 | 36,803,000 |
| Provision for loan losses | 1,375,000 | 2,750,000 | 4,125,000 | 5,500,000 |
| Pretax income | 2,954,000 | 6,244,000 | 10,764,000 | 15,361,000 |
| Income tax | 828,000 | 1,748,000 | 2,792,000 | 3,687,000 |
| Net income | 2,126,000 | 4,496,000 | 7,972,000 | 11,674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 142,936,000 | 145,186,000 | 148,506,000 | 152,361,000 |
| Total capital | 153,906,000 | 157,513,000 | 161,328,000 | 164,932,000 |
| Risk-weighted assets | 1,046,849,000 | 1,027,953,000 | 1,024,875,000 | 1,003,190,000 |