Call reports 2020
MOVEMENT BANK — 2020
What MOVEMENT 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 | 61,748,000 | 71,807,000 | 66,567,000 | 63,208,000 |
| Total loans | 34,884,000 | 37,367,000 | 39,751,000 | 40,937,000 |
| Allowance for loan losses | 832,000 | 839,000 | 845,000 | 892,000 |
| Securities available for sale | 5,574,000 | 5,435,000 | 7,272,000 | 8,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,963,000 | 61,232,000 | 58,350,000 | 54,875,000 |
| Interest-bearing deposits | 22,614,000 | 31,917,000 | 39,301,000 | 24,521,000 |
| Noninterest-bearing deposits | 30,349,000 | 29,315,000 | 19,049,000 | 30,354,000 |
| Equity capital | 7,485,000 | 7,715,000 | 7,876,000 | 7,996,000 |
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 | 587,000 | 1,105,000 | 1,651,000 | 2,265,000 |
| Interest expense | 32,000 | 103,000 | 147,000 | 178,000 |
| Net interest income | 555,000 | 1,002,000 | 1,504,000 | 2,087,000 |
| Noninterest income | 742,000 | 2,368,000 | 3,914,000 | 5,330,000 |
| Noninterest expense | 1,384,000 | 3,238,000 | 5,080,000 | 6,940,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -87,000 | 132,000 | 338,000 | 477,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -87,000 | 132,000 | 338,000 | 477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,377,000 | 7,596,000 | 7,802,000 | 7,941,000 |
| Total capital | 7,832,000 | 8,050,000 | 8,287,000 | 8,463,000 |
| Risk-weighted assets | 36,021,000 | 35,911,000 | 38,426,000 | 41,365,000 |