Call reports 2020
SOUTHWESTERN NATIONAL BANK — 2020
What SOUTHWESTERN NATIONAL 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 | 616,339,000 | 719,281,000 | 757,278,000 | 775,500,000 |
| Total loans | 507,543,000 | 589,697,000 | 608,629,000 | 613,089,000 |
| Allowance for loan losses | 5,837,000 | 7,331,000 | 14,031,000 | 14,922,000 |
| Securities available for sale | 23,352,000 | 21,352,000 | 17,229,000 | 15,764,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 527,364,000 | 603,161,000 | 643,773,000 | 661,798,000 |
| Interest-bearing deposits | 443,889,000 | 487,557,000 | 523,864,000 | 536,525,000 |
| Noninterest-bearing deposits | 83,475,000 | 115,604,000 | 119,909,000 | 125,273,000 |
| Equity capital | 72,608,000 | 74,354,000 | 72,557,000 | 79,934,000 |
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 | 7,097,000 | 15,570,000 | 23,680,000 | 32,405,000 |
| Interest expense | 2,028,000 | 3,799,000 | 5,344,000 | 6,662,000 |
| Net interest income | 5,069,000 | 11,771,000 | 18,336,000 | 25,743,000 |
| Noninterest income | 1,034,000 | 1,604,000 | 3,295,000 | 3,888,000 |
| Noninterest expense | 3,885,000 | 7,928,000 | 11,819,000 | 15,804,000 |
| Provision for loan losses | 523,000 | 2,017,000 | 8,718,000 | 9,740,000 |
| Pretax income | 1,820,000 | 3,555,000 | 1,219,000 | 4,212,000 |
| Income tax | 357,000 | 695,000 | 180,000 | 780,000 |
| Net income | 1,463,000 | 2,860,000 | 1,039,000 | 3,432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,630,000 | 74,027,000 | 72,207,000 | 79,600,000 |
| Total capital | 78,477,000 | 81,296,000 | 79,756,000 | 87,327,000 |
| Risk-weighted assets | 513,937,000 | 581,476,000 | 597,397,000 | 610,964,000 |