Call reports 2020
ALGONQUIN STATE BANK — 2020
What ALGONQUIN STATE 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 | 134,703,000 | 147,195,000 | 150,641,000 | 153,749,000 |
| Total loans | 83,305,000 | 95,488,000 | 95,920,000 | 86,341,000 |
| Allowance for loan losses | 633,000 | 634,000 | 634,000 | 635,000 |
| Securities available for sale | 34,557,000 | 32,451,000 | 36,200,000 | 40,199,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,696,000 | 126,098,000 | 129,200,000 | 132,215,000 |
| Interest-bearing deposits | 87,975,000 | 91,631,000 | 94,166,000 | 97,438,000 |
| Noninterest-bearing deposits | 30,721,000 | 34,467,000 | 35,034,000 | 34,777,000 |
| Equity capital | 15,777,000 | 16,770,000 | 17,037,000 | 17,284,000 |
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 | 1,025,000 | 2,069,000 | 3,124,000 | 4,198,000 |
| Interest expense | 50,000 | 99,000 | 142,000 | 182,000 |
| Net interest income | 975,000 | 1,970,000 | 2,982,000 | 4,016,000 |
| Noninterest income | -7,000 | 137,000 | 337,000 | 542,000 |
| Noninterest expense | 928,000 | 1,945,000 | 2,963,000 | 3,923,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 279,000 | 499,000 | 755,000 | 1,056,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 279,000 | 499,000 | 755,000 | 1,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,426,000 | 15,646,000 | 15,652,000 | 15,803,000 |