Call reports 2020
STUDIO BANK — 2020
What STUDIO 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 | 256,844,000 | 334,599,000 | 395,107,000 | 434,678,000 |
| Total loans | 197,789,000 | 232,542,000 | 271,949,000 | 283,722,000 |
| Allowance for loan losses | 1,926,000 | 2,628,000 | 2,956,000 | 3,169,000 |
| Securities available for sale | 14,864,000 | 25,813,000 | 41,263,000 | 47,869,000 |
| Securities held to maturity | 4,528,000 | 4,503,000 | 4,478,000 | 4,153,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,942,000 | 279,508,000 | 334,088,000 | 375,083,000 |
| Interest-bearing deposits | 181,447,000 | 238,790,000 | 272,267,000 | 302,830,000 |
| Noninterest-bearing deposits | 27,495,000 | 40,718,000 | 61,821,000 | 72,253,000 |
| Equity capital | 37,217,000 | 37,032,000 | 46,584,000 | 48,970,000 |
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 | 2,631,000 | 5,174,000 | 8,173,000 | 11,507,000 |
| Interest expense | 774,000 | 1,399,000 | 1,968,000 | 2,409,000 |
| Net interest income | 1,857,000 | 3,775,000 | 6,205,000 | 9,098,000 |
| Noninterest income | 614,000 | 2,065,000 | 3,856,000 | 6,623,000 |
| Noninterest expense | 2,958,000 | 5,981,000 | 9,506,000 | 13,361,000 |
| Provision for loan losses | 298,000 | 1,000,000 | 1,332,000 | 1,545,000 |
| Pretax income | -785,000 | -1,141,000 | -777,000 | 815,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -785,000 | -1,141,000 | -777,000 | 815,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,605,000 | 36,279,000 | 45,694,000 | 47,750,000 |
| Total capital | 38,531,000 | 38,907,000 | 48,650,000 | 50,919,000 |
| Risk-weighted assets | 204,342,000 | 216,682,000 | 270,519,000 | 295,906,000 |