Call reports 2020
AMERICAN MOMENTUM BANK — 2020
What AMERICAN MOMENTUM 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 | 2,612,114,000 | 2,822,740,000 | 2,657,310,000 | 2,585,103,000 |
| Total loans | 1,723,341,000 | 1,941,675,000 | 1,913,907,000 | 1,839,890,000 |
| Allowance for loan losses | 14,197,000 | 18,908,000 | 18,914,000 | 18,021,000 |
| Securities available for sale | 254,305,000 | 232,029,000 | 167,623,000 | 147,328,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,222,404,000 | 2,428,275,000 | 2,258,910,000 | 2,183,035,000 |
| Interest-bearing deposits | 1,260,350,000 | 1,229,170,000 | 1,196,973,000 | 1,002,380,000 |
| Noninterest-bearing deposits | 962,054,000 | 1,199,105,000 | 1,061,937,000 | 1,180,655,000 |
| Equity capital | 356,332,000 | 360,175,000 | 386,045,000 | 392,382,000 |
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 | 23,158,000 | 47,897,000 | 72,734,000 | 96,759,000 |
| Interest expense | 2,630,000 | 4,157,000 | 5,404,000 | 6,136,000 |
| Net interest income | 20,528,000 | 43,740,000 | 67,330,000 | 90,623,000 |
| Noninterest income | 2,405,000 | 6,029,000 | 10,692,000 | 15,052,000 |
| Noninterest expense | 13,966,000 | 32,659,000 | 51,032,000 | 69,838,000 |
| Provision for loan losses | 3,471,000 | 8,242,000 | 8,242,000 | 8,275,000 |
| Pretax income | 5,605,000 | 9,012,000 | 18,877,000 | 27,660,000 |
| Income tax | 1,289,000 | 2,266,000 | 4,641,000 | 6,678,000 |
| Net income | 4,316,000 | 6,746,000 | 14,236,000 | 20,982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 223,392,000 | 226,294,000 | 254,977,000 | 262,051,000 |
| Total capital | 257,845,000 | 265,448,000 | 274,699,000 | 280,884,000 |
| Risk-weighted assets | 2,038,816,000 | 1,880,785,000 | 1,969,690,000 | 1,899,598,000 |