Call reports 2020
FIDELITY CO-OPERATIVE BANK — 2020
What FIDELITY CO-OPERATIVE 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 | 1,170,169,000 | 1,160,074,000 | 1,129,451,000 | 1,112,730,000 |
| Total loans | 882,201,000 | 925,050,000 | 895,438,000 | 864,046,000 |
| Allowance for loan losses | 10,608,000 | 12,207,000 | 11,143,000 | 11,150,000 |
| Securities available for sale | 139,397,000 | 146,530,000 | 146,417,000 | 149,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 906,020,000 | 967,796,000 | 948,680,000 | 958,535,000 |
| Interest-bearing deposits | 737,152,000 | 749,672,000 | 733,032,000 | 743,609,000 |
| Noninterest-bearing deposits | 168,868,000 | 218,124,000 | 215,648,000 | 214,926,000 |
| Equity capital | 92,548,000 | 97,188,000 | 101,366,000 | 95,761,000 |
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 | 10,980,000 | 21,392,000 | 31,699,000 | 42,420,000 |
| Interest expense | 2,371,000 | 3,988,000 | 5,289,000 | 6,219,000 |
| Net interest income | 8,609,000 | 17,404,000 | 26,410,000 | 36,201,000 |
| Noninterest income | 4,045,000 | 7,344,000 | 9,657,000 | 10,818,000 |
| Noninterest expense | 8,498,000 | 16,144,000 | 23,703,000 | 45,413,000 |
| Provision for loan losses | 3,795,000 | 5,391,000 | 4,390,000 | 4,394,000 |
| Pretax income | 425,000 | 3,350,000 | 8,190,000 | -1,792,000 |
| Income tax | -835,000 | -242,000 | 1,018,000 | -2,031,000 |
| Net income | 1,260,000 | 3,592,000 | 7,172,000 | 239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,419,000 | 92,825,000 | 96,229,000 | 89,370,000 |
| Total capital | 100,668,000 | 103,238,000 | 106,406,000 | 99,576,000 |
| Risk-weighted assets | 819,432,000 | 831,144,000 | 813,036,000 | 815,379,000 |