Call reports 2020
TWIN VALLEY BANK, THE — 2020
What TWIN VALLEY BANK, THE 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 | 82,321,000 | 92,788,000 | 95,290,000 | 98,099,000 |
| Total loans | 56,220,000 | 60,596,000 | 61,255,000 | 60,063,000 |
| Allowance for loan losses | 336,000 | 331,000 | 353,000 | 383,000 |
| Securities available for sale | 15,248,000 | 17,494,000 | 20,520,000 | 24,949,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,568,000 | 81,598,000 | 86,379,000 | 89,098,000 |
| Interest-bearing deposits | 62,187,000 | 68,934,000 | 72,852,000 | 75,550,000 |
| Noninterest-bearing deposits | 9,381,000 | 12,664,000 | 13,527,000 | 13,548,000 |
| Equity capital | 7,972,000 | 8,244,000 | 8,433,000 | 8,576,000 |
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 | 871,000 | 1,819,000 | 2,727,000 | 3,664,000 |
| Interest expense | 152,000 | 294,000 | 429,000 | 537,000 |
| Net interest income | 719,000 | 1,525,000 | 2,298,000 | 3,127,000 |
| Noninterest income | 82,000 | 152,000 | 227,000 | 302,000 |
| Noninterest expense | 668,000 | 1,341,000 | 2,043,000 | 2,751,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 103,000 | 270,000 | 498,000 | 664,000 |
| Income tax | 10,000 | 34,000 | 72,000 | 73,000 |
| Net income | 93,000 | 236,000 | 426,000 | 591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,729,000 | 7,794,000 | 7,984,000 | 8,049,000 |