Call reports 2020
CROSS COUNTY SAVINGS BANK — 2020
What CROSS COUNTY SAVINGS 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 | 469,218,000 | 491,426,000 | 524,675,000 | 532,681,000 |
| Total loans | 355,720,000 | 362,446,000 | 377,608,000 | 393,887,000 |
| Allowance for loan losses | 1,409,000 | 1,084,000 | 1,179,000 | 1,178,000 |
| Securities available for sale | 13,904,000 | 14,289,000 | 13,874,000 | 10,358,000 |
| Securities held to maturity | 3,891,000 | 3,824,000 | 3,496,000 | 3,201,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,728,000 | 422,035,000 | 455,244,000 | 462,996,000 |
| Interest-bearing deposits | 354,757,000 | 365,264,000 | 393,099,000 | 398,385,000 |
| Noninterest-bearing deposits | 46,971,000 | 56,771,000 | 62,145,000 | 64,611,000 |
| Equity capital | 51,518,000 | 52,192,000 | 52,593,000 | 52,916,000 |
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 | 5,014,000 | 9,709,000 | 14,452,000 | 19,429,000 |
| Interest expense | 942,000 | 1,779,000 | 2,580,000 | 3,327,000 |
| Net interest income | 4,072,000 | 7,930,000 | 11,872,000 | 16,102,000 |
| Noninterest income | 215,000 | 380,000 | 619,000 | 866,000 |
| Noninterest expense | 3,799,000 | 7,269,000 | 10,908,000 | 14,895,000 |
| Provision for loan losses | 52,000 | -271,000 | -177,000 | -177,000 |
| Pretax income | 436,000 | 1,312,000 | 1,760,000 | 2,250,000 |
| Income tax | 108,000 | 306,000 | 413,000 | 527,000 |
| Net income | 328,000 | 1,006,000 | 1,347,000 | 1,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,423,000 | 52,101,000 | 52,443,000 | 52,818,000 |
| Total capital | 52,832,000 | 53,185,000 | 53,622,000 | 54,012,000 |
| Risk-weighted assets | 286,347,000 | 291,863,000 | 307,381,000 | 313,341,000 |