Call reports 2020
CORDER BANK, THE — 2020
What CORDER BANK, 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 | 19,834,000 | 21,916,000 | 21,603,000 | 22,035,000 |
| Total loans | 12,800,000 | 12,881,000 | 12,961,000 | 12,048,000 |
| Allowance for loan losses | 170,000 | 226,000 | 229,000 | 266,000 |
| Securities available for sale | 1,000,000 | 2,047,000 | 3,919,000 | 5,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,524,000 | 19,566,000 | 19,257,000 | 19,719,000 |
| Interest-bearing deposits | 14,478,000 | 16,008,000 | 15,401,000 | 15,113,000 |
| Noninterest-bearing deposits | 3,046,000 | 3,558,000 | 3,856,000 | 4,606,000 |
| Equity capital | 2,260,000 | 2,308,000 | 2,297,000 | 2,270,000 |
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 | 214,000 | 435,000 | 640,000 | 820,000 |
| Interest expense | 32,000 | 57,000 | 89,000 | 114,000 |
| Net interest income | 182,000 | 378,000 | 551,000 | 706,000 |
| Noninterest income | 12,000 | 19,000 | 28,000 | 35,000 |
| Noninterest expense | 146,000 | 274,000 | 451,000 | 621,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 45,000 | 118,000 | 119,000 | 109,000 |
| Income tax | 3,000 | 17,000 | 18,000 | 26,000 |
| Net income | 42,000 | 101,000 | 101,000 | 83,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,238,000 | 2,281,000 | 2,266,000 | 2,233,000 |
| Total capital | 2,382,000 | 2,435,000 | 2,431,000 | 2,398,000 |
| Risk-weighted assets | 11,534,000 | 12,306,000 | 13,185,000 | 13,118,000 |