Call reports 2019
TANDEM BANK — 2019
What TANDEM BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q3 | 2019Q4 |
|---|---|---|
| Total assets | 20,774,000 | 35,356,000 |
| Total loans | 0 | 7,154,000 |
| Allowance for loan losses | 0 | 72,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,384,000 | 14,591,000 |
| Interest-bearing deposits | 1,186,000 | 9,877,000 |
| Noninterest-bearing deposits | 198,000 | 4,714,000 |
| Equity capital | 18,255,000 | 19,629,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q3 | 2019Q4 |
|---|---|---|
| Interest income | 94,000 | 252,000 |
| Interest expense | 0 | 20,000 |
| Net interest income | 94,000 | 232,000 |
| Noninterest income | 0 | 9,000 |
| Noninterest expense | 727,000 | 1,456,000 |
| Provision for loan losses | 0 | 72,000 |
| Pretax income | -633,000 | -1,287,000 |
| Income tax | 0 | 0 |
| Net income | -633,000 | -1,287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q3 | 2019Q4 |
|---|---|---|
| Tier 1 capital | 18,255,000 | 19,629,000 |
| Total capital | 18,255,000 | 19,701,000 |
| Risk-weighted assets | 4,545,000 | 15,031,000 |