Call reports 2020
FIRST NATIONAL BANK OF WATERLOO — 2020
What FIRST NATIONAL BANK OF WATERLOO 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 | 490,779,000 | 689,843,000 | 731,136,000 | 733,744,000 |
| Total loans | 282,411,000 | 418,154,000 | 416,343,000 | 415,317,000 |
| Allowance for loan losses | 3,546,000 | 3,849,000 | 4,309,000 | 4,280,000 |
| Securities available for sale | 120,983,000 | 132,392,000 | 138,555,000 | 143,145,000 |
| Securities held to maturity | 33,281,000 | 35,171,000 | 37,308,000 | 47,174,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,279,000 | 574,079,000 | 615,204,000 | 605,168,000 |
| Interest-bearing deposits | 334,604,000 | 477,736,000 | 520,061,000 | 505,656,000 |
| Noninterest-bearing deposits | 68,675,000 | 96,344,000 | 95,143,000 | 99,513,000 |
| Equity capital | 52,581,000 | 66,856,000 | 68,482,000 | 68,300,000 |
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 | 4,293,000 | 11,564,000 | 17,014,000 | 21,743,000 |
| Interest expense | 743,000 | 2,222,000 | 3,482,000 | 4,639,000 |
| Net interest income | 3,550,000 | 9,342,000 | 13,532,000 | 17,104,000 |
| Noninterest income | 815,000 | 2,308,000 | 4,328,000 | 5,997,000 |
| Noninterest expense | 3,350,000 | 8,004,000 | 11,847,000 | 16,502,000 |
| Provision for loan losses | 90,000 | 380,000 | 787,000 | 1,046,000 |
| Pretax income | 925,000 | 3,266,000 | 5,250,000 | 5,585,000 |
| Income tax | 152,000 | 708,000 | 1,179,000 | 1,173,000 |
| Net income | 773,000 | 2,558,000 | 4,071,000 | 4,412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,184,000 | 60,685,000 | 62,792,000 | 62,058,000 |
| Total capital | 51,730,000 | 64,534,000 | 67,101,000 | 66,338,000 |
| Risk-weighted assets | 351,886,000 | 477,389,000 | 472,561,000 | 496,555,000 |