Call reports 2020
UTAH INDEPENDENT BANK — 2020
What UTAH INDEPENDENT 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 | 89,355,000 | 115,169,000 | 120,772,000 | 112,905,000 |
| Total loans | 61,578,000 | 69,614,000 | 70,833,000 | 64,292,000 |
| Allowance for loan losses | 854,000 | 853,000 | 854,000 | 792,000 |
| Securities available for sale | 8,483,000 | 9,845,000 | 11,675,000 | 11,477,000 |
| Securities held to maturity | 3,612,000 | 3,138,000 | 2,817,000 | 2,517,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,972,000 | 91,363,000 | 96,628,000 | 96,566,000 |
| Interest-bearing deposits | 48,149,000 | 55,683,000 | 61,475,000 | 60,881,000 |
| Noninterest-bearing deposits | 25,823,000 | 35,680,000 | 35,153,000 | 35,685,000 |
| Equity capital | 14,026,000 | 15,122,000 | 15,409,000 | 14,842,000 |
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 | 1,193,000 | 2,433,000 | 3,686,000 | 5,166,000 |
| Interest expense | 75,000 | 151,000 | 211,000 | 281,000 |
| Net interest income | 1,118,000 | 2,282,000 | 3,475,000 | 4,885,000 |
| Noninterest income | 120,000 | 642,000 | 338,000 | 474,000 |
| Noninterest expense | 741,000 | 1,495,000 | 2,091,000 | 3,164,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 497,000 | 1,429,000 | 1,722,000 | 2,195,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 497,000 | 1,429,000 | 1,722,000 | 2,195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,008,000 | 14,940,000 | 15,233,000 | 14,698,000 |