Call reports 2020
DRAKE BANK — 2020
What DRAKE 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 | 120,678,000 | 167,657,000 | 152,726,000 | 161,428,000 |
| Total loans | 104,065,000 | 128,142,000 | 133,449,000 | 132,363,000 |
| Allowance for loan losses | 1,138,000 | 1,916,000 | 1,994,000 | 1,962,000 |
| Securities available for sale | 3,063,000 | 3,582,000 | 3,571,000 | 3,558,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,089,000 | 122,518,000 | 121,343,000 | 130,965,000 |
| Interest-bearing deposits | 62,134,000 | 80,024,000 | 80,994,000 | 91,312,000 |
| Noninterest-bearing deposits | 24,955,000 | 42,494,000 | 40,349,000 | 39,653,000 |
| Equity capital | 11,704,000 | 11,937,000 | 12,146,000 | 12,589,000 |
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 | 1,401,000 | 4,013,000 | 5,859,000 | 7,927,000 |
| Interest expense | 355,000 | 693,000 | 996,000 | 1,316,000 |
| Net interest income | 1,046,000 | 3,320,000 | 4,863,000 | 6,611,000 |
| Noninterest income | 181,000 | 105,000 | 152,000 | 347,000 |
| Noninterest expense | 1,018,000 | 2,194,000 | 3,491,000 | 4,932,000 |
| Provision for loan losses | 53,000 | 831,000 | 909,000 | 961,000 |
| Pretax income | 156,000 | 400,000 | 615,000 | 1,065,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 156,000 | 400,000 | 615,000 | 1,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,656,000 | 11,900,000 | 12,114,000 | 12,565,000 |
| Total capital | — | 13,156,000 | — | — |
| Risk-weighted assets | — | 99,864,000 | — | — |