Call reports 2020
WASHITA VALLEY BANK — 2020
What WASHITA VALLEY 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 | 43,979,000 | 46,141,000 | 45,140,000 | 45,466,000 |
| Total loans | 26,353,000 | 25,744,000 | 25,934,000 | 26,605,000 |
| Allowance for loan losses | 346,000 | 365,000 | 268,000 | 284,000 |
| Securities available for sale | 1,034,000 | 0 | 0 | 0 |
| Securities held to maturity | 9,251,000 | 9,627,000 | 10,445,000 | 10,130,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,124,000 | 38,365,000 | 37,253,000 | 37,702,000 |
| Interest-bearing deposits | 30,148,000 | 31,666,000 | 30,219,000 | 30,068,000 |
| Noninterest-bearing deposits | 5,976,000 | 6,699,000 | 7,034,000 | 7,634,000 |
| Equity capital | 7,562,000 | 7,517,000 | 7,639,000 | 7,537,000 |
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 | 542,000 | 1,056,000 | 1,559,000 | 2,073,000 |
| Interest expense | 68,000 | 130,000 | 178,000 | 216,000 |
| Net interest income | 474,000 | 926,000 | 1,381,000 | 1,857,000 |
| Noninterest income | 58,000 | 142,000 | 191,000 | 239,000 |
| Noninterest expense | 312,000 | 632,000 | 971,000 | 1,364,000 |
| Provision for loan losses | 30,000 | 80,000 | 110,000 | 140,000 |
| Pretax income | 190,000 | 356,000 | 491,000 | 592,000 |
| Income tax | 49,000 | 96,000 | 132,000 | 157,000 |
| Net income | 141,000 | 260,000 | 359,000 | 435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,562,000 | 7,680,000 | 7,639,000 | 7,537,000 |
| Total capital | 7,908,000 | — | — | — |
| Risk-weighted assets | 34,162,000 | — | — | — |