Call reports 2020
FIRST NATIONAL BANK OF ALLENDALE, THE — 2020
What FIRST NATIONAL BANK OF ALLENDALE, THE 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 | 255,100,000 | 286,367,000 | 284,578,000 | 287,870,000 |
| Total loans | 171,532,000 | 186,505,000 | 185,895,000 | 189,566,000 |
| Allowance for loan losses | 2,238,000 | 2,373,000 | 2,405,000 | 2,336,000 |
| Securities available for sale | 55,675,000 | 61,459,000 | 64,901,000 | 63,374,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,487,000 | 240,072,000 | 237,711,000 | 250,339,000 |
| Interest-bearing deposits | 180,947,000 | 192,311,000 | 189,838,000 | 193,467,000 |
| Noninterest-bearing deposits | 38,540,000 | 47,761,000 | 47,873,000 | 56,872,000 |
| Equity capital | 28,106,000 | 28,744,000 | 29,630,000 | 30,033,000 |
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 | 2,697,000 | 5,353,000 | 8,020,000 | 10,731,000 |
| Interest expense | 521,000 | 972,000 | 1,400,000 | 1,782,000 |
| Net interest income | 2,176,000 | 4,381,000 | 6,620,000 | 8,949,000 |
| Noninterest income | 292,000 | 608,000 | 1,049,000 | 1,443,000 |
| Noninterest expense | 1,509,000 | 3,002,000 | 4,472,000 | 6,015,000 |
| Provision for loan losses | 175,000 | 312,000 | 459,000 | 539,000 |
| Pretax income | 800,000 | 1,690,000 | 2,753,000 | 3,854,000 |
| Income tax | 200,000 | 418,000 | 686,000 | 991,000 |
| Net income | 600,000 | 1,272,000 | 2,067,000 | 2,863,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,927,000 | 27,206,000 | 28,005,000 | 28,403,000 |