Call reports 2020
AVANA BANK — 2020
What AVANA 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 | 46,236,000 | 51,513,000 | 44,545,000 | 42,536,000 |
| Total loans | 12,803,000 | 17,933,000 | 16,820,000 | 13,563,000 |
| Allowance for loan losses | 112,000 | 127,000 | 127,000 | 127,000 |
| Securities available for sale | 3,510,000 | 3,258,000 | 3,257,000 | 1,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,482,000 | 47,548,000 | 40,655,000 | 38,717,000 |
| Interest-bearing deposits | 27,786,000 | 28,764,000 | 22,602,000 | 19,923,000 |
| Noninterest-bearing deposits | 14,696,000 | 18,784,000 | 18,053,000 | 18,794,000 |
| Equity capital | 3,651,000 | 3,805,000 | 3,801,000 | 3,792,000 |
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 | 289,000 | 761,000 | 963,000 | 1,134,000 |
| Interest expense | 10,000 | 17,000 | 20,000 | 23,000 |
| Net interest income | 279,000 | 744,000 | 943,000 | 1,111,000 |
| Noninterest income | 28,000 | 57,000 | 83,000 | 113,000 |
| Noninterest expense | 260,000 | 536,000 | 765,000 | 973,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 15,000 |
| Pretax income | 47,000 | 250,000 | 246,000 | 236,000 |
| Income tax | 6,000 | 53,000 | 52,000 | 50,000 |
| Net income | 41,000 | 197,000 | 194,000 | 186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,049,000 | 3,207,000 | 3,203,000 | 3,194,000 |
| Total capital | 3,161,000 | 3,334,000 | 3,330,000 | 3,321,000 |
| Risk-weighted assets | 12,592,000 | 12,136,000 | 11,372,000 | 11,548,000 |