Call reports 2020
1ST EQUITY BANK — 2020
What 1ST EQUITY 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 | 93,462,000 | 150,663,000 | 141,545,000 | 140,169,000 |
| Total loans | 75,727,000 | 115,659,000 | 109,665,000 | 105,815,000 |
| Allowance for loan losses | 1,136,000 | 1,180,000 | 1,245,000 | 1,311,000 |
| Securities available for sale | 191,000 | 196,000 | 199,000 | 193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,436,000 | 102,562,000 | 101,378,000 | 100,536,000 |
| Interest-bearing deposits | 65,844,000 | 92,097,000 | 91,910,000 | 90,249,000 |
| Noninterest-bearing deposits | 7,592,000 | 10,465,000 | 9,468,000 | 10,287,000 |
| Equity capital | 14,711,000 | 23,559,000 | 23,646,000 | 22,967,000 |
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 | 982,000 | 2,200,000 | 3,825,000 | 5,108,000 |
| Interest expense | 269,000 | 575,000 | 880,000 | 1,154,000 |
| Net interest income | 713,000 | 1,625,000 | 2,945,000 | 3,954,000 |
| Noninterest income | 27,000 | 162,000 | 323,000 | 496,000 |
| Noninterest expense | 474,000 | 1,134,000 | 2,171,000 | 3,121,000 |
| Provision for loan losses | 0 | 43,000 | 108,000 | 173,000 |
| Pretax income | 266,000 | 610,000 | 989,000 | 1,156,000 |
| Income tax | 0 | 27,000 | 23,000 | 18,000 |
| Net income | 266,000 | 583,000 | 966,000 | 1,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,711,000 | 22,521,000 | 22,611,000 | 21,934,000 |
| Total capital | 15,623,000 | 23,701,000 | 23,857,000 | 23,212,000 |
| Risk-weighted assets | 72,762,000 | 110,872,000 | 103,652,000 | 102,186,000 |