Call reports 2020
LIBERTY FIRST BANK — 2020
What LIBERTY FIRST 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 | 155,293,000 | 164,176,000 | 166,601,000 | 170,785,000 |
| Total loans | 78,578,000 | 78,026,000 | 76,854,000 | 69,894,000 |
| Allowance for loan losses | 1,101,000 | 1,127,000 | 1,150,000 | 1,151,000 |
| Securities available for sale | 48,469,000 | 56,661,000 | 63,290,000 | 70,529,000 |
| Securities held to maturity | 6,024,000 | 5,464,000 | 5,026,000 | 4,690,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,713,000 | 147,075,000 | 149,275,000 | 153,622,000 |
| Interest-bearing deposits | 107,796,000 | 104,850,000 | 106,445,000 | 109,810,000 |
| Noninterest-bearing deposits | 31,916,000 | 42,224,000 | 42,830,000 | 43,812,000 |
| Equity capital | 15,151,000 | 16,605,000 | 16,634,000 | 16,737,000 |
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 | 1,454,000 | 2,954,000 | 4,394,000 | 5,673,000 |
| Interest expense | 280,000 | 489,000 | 683,000 | 860,000 |
| Net interest income | 1,174,000 | 2,465,000 | 3,711,000 | 4,813,000 |
| Noninterest income | 109,000 | 215,000 | 329,000 | 443,000 |
| Noninterest expense | 949,000 | 1,835,000 | 2,771,000 | 3,786,000 |
| Provision for loan losses | 0 | 25,000 | 47,000 | 47,000 |
| Pretax income | 352,000 | 838,000 | 1,312,000 | 1,581,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 352,000 | 838,000 | 1,312,000 | 1,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,962,000 | 15,448,000 | 15,922,000 | 16,191,000 |