Call reports 2020
BANK OF FRANKLIN — 2020
What BANK OF FRANKLIN 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 | 151,691,000 | 173,386,000 | 168,560,000 | 177,187,000 |
| Total loans | 97,193,000 | 103,787,000 | 105,490,000 | 109,714,000 |
| Allowance for loan losses | 1,249,000 | 1,273,000 | 1,354,000 | 1,399,000 |
| Securities available for sale | 34,843,000 | 40,442,000 | 46,395,000 | 50,062,000 |
| Securities held to maturity | 139,000 | 128,000 | 123,000 | 120,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,800,000 | 154,613,000 | 149,193,000 | 157,234,000 |
| Interest-bearing deposits | 100,761,000 | 107,419,000 | 108,031,000 | 112,722,000 |
| Noninterest-bearing deposits | 33,039,000 | 47,194,000 | 41,162,000 | 44,512,000 |
| Equity capital | 17,185,000 | 17,930,000 | 18,410,000 | 18,962,000 |
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 | 1,758,000 | 3,495,000 | 5,266,000 | 7,278,000 |
| Interest expense | 271,000 | 547,000 | 799,000 | 1,025,000 |
| Net interest income | 1,487,000 | 2,948,000 | 4,467,000 | 6,253,000 |
| Noninterest income | 458,000 | 799,000 | 1,154,000 | 1,540,000 |
| Noninterest expense | 1,393,000 | 2,738,000 | 4,139,000 | 5,574,000 |
| Provision for loan losses | 29,000 | 99,000 | 180,000 | 261,000 |
| Pretax income | 523,000 | 910,000 | 1,302,000 | 1,958,000 |
| Income tax | 121,000 | 196,000 | 277,000 | 418,000 |
| Net income | 402,000 | 714,000 | 1,025,000 | 1,540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,542,000 | 17,304,000 | 17,615,000 | 18,159,000 |