Call reports 2020
POTOMAC BANK, INC. — 2020
What POTOMAC BANK, INC. 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 | 540,507,000 | 606,839,000 | 630,758,000 | 620,438,000 |
| Total loans | 422,648,000 | 476,483,000 | 479,171,000 | 496,678,000 |
| Allowance for loan losses | 4,194,000 | 4,732,000 | 5,217,000 | 5,385,000 |
| Securities available for sale | 49,107,000 | 48,674,000 | 53,151,000 | 62,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 471,287,000 | 534,734,000 | 564,249,000 | 550,394,000 |
| Interest-bearing deposits | 396,996,000 | 427,675,000 | 450,938,000 | 441,130,000 |
| Noninterest-bearing deposits | 74,291,000 | 107,059,000 | 113,311,000 | 109,264,000 |
| Equity capital | 52,561,000 | 53,389,000 | 53,959,000 | 62,529,000 |
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 | 5,219,000 | 10,517,000 | 15,856,000 | 21,338,000 |
| Interest expense | 976,000 | 1,870,000 | 2,692,000 | 3,337,000 |
| Net interest income | 4,243,000 | 8,647,000 | 13,164,000 | 18,001,000 |
| Noninterest income | 1,310,000 | 2,674,000 | 4,201,000 | 5,748,000 |
| Noninterest expense | 4,094,000 | 8,261,000 | 12,514,000 | 17,150,000 |
| Provision for loan losses | 466,000 | 991,000 | 1,291,000 | 1,441,000 |
| Pretax income | 993,000 | 2,069,000 | 3,577,000 | 5,175,000 |
| Income tax | 202,000 | 427,000 | 782,000 | 1,126,000 |
| Net income | 791,000 | 1,642,000 | 2,795,000 | 4,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,407,000 | 54,969,000 | 55,832,000 | 64,561,000 |
| Total capital | 58,601,000 | 59,701,000 | 60,755,000 | 69,809,000 |
| Risk-weighted assets | 394,892,000 | 394,751,000 | 393,511,000 | 419,678,000 |