Call reports 2020
FIRST NATIONAL BANK AMES, IOWA — 2020
What FIRST NATIONAL BANK AMES, IOWA 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 | 951,946,000 | 981,733,000 | 986,049,000 | 1,031,155,000 |
| Total loans | 568,738,000 | 617,263,000 | 643,886,000 | 629,979,000 |
| Allowance for loan losses | 7,656,000 | 8,175,000 | 8,670,000 | 9,801,000 |
| Securities available for sale | 268,512,000 | 284,475,000 | 303,335,000 | 326,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 816,592,000 | 855,840,000 | 863,787,000 | 904,495,000 |
| Interest-bearing deposits | 653,671,000 | 650,074,000 | 636,204,000 | 685,080,000 |
| Noninterest-bearing deposits | 162,921,000 | 205,765,000 | 227,583,000 | 219,415,000 |
| Equity capital | 89,983,000 | 96,400,000 | 99,237,000 | 101,017,000 |
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 | 7,638,000 | 15,388,000 | 23,178,000 | 31,154,000 |
| Interest expense | 1,366,000 | 2,299,000 | 3,092,000 | 3,811,000 |
| Net interest income | 6,272,000 | 13,089,000 | 20,086,000 | 27,343,000 |
| Noninterest income | 1,401,000 | 2,755,000 | 4,311,000 | 5,855,000 |
| Noninterest expense | 4,568,000 | 9,072,000 | 13,649,000 | 18,142,000 |
| Provision for loan losses | 1,242,000 | 2,205,000 | 2,695,000 | 3,803,000 |
| Pretax income | 2,249,000 | 4,997,000 | 8,483,000 | 11,683,000 |
| Income tax | 334,000 | 790,000 | 1,428,000 | 1,925,000 |
| Net income | 1,915,000 | 4,207,000 | 7,055,000 | 9,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,121,000 | 84,372,000 | 84,275,000 | 86,071,000 |