Call reports 2020
TANDEM BANK — 2020
What TANDEM 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 | 43,223,000 | 78,242,000 | 86,635,000 | 91,159,000 |
| Total loans | 23,544,000 | 57,471,000 | 67,661,000 | 63,421,000 |
| Allowance for loan losses | 289,000 | 335,000 | 455,000 | 557,000 |
| Securities available for sale | 1,863,000 | 1,752,000 | 1,613,000 | 2,538,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,169,000 | 56,330,000 | 65,012,000 | 69,642,000 |
| Interest-bearing deposits | 15,420,000 | 32,432,000 | 40,652,000 | 45,271,000 |
| Noninterest-bearing deposits | 7,749,000 | 23,898,000 | 24,360,000 | 24,371,000 |
| Equity capital | 18,924,000 | 18,772,000 | 18,520,000 | 18,418,000 |
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 | 268,000 | 1,029,000 | 1,791,000 | 2,684,000 |
| Interest expense | 37,000 | 83,000 | 154,000 | 229,000 |
| Net interest income | 231,000 | 946,000 | 1,637,000 | 2,455,000 |
| Noninterest income | 70,000 | 79,000 | 98,000 | 117,000 |
| Noninterest expense | 826,000 | 1,701,000 | 2,563,000 | 3,437,000 |
| Provision for loan losses | 217,000 | 263,000 | 383,000 | 485,000 |
| Pretax income | -742,000 | -939,000 | -1,211,000 | -1,350,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -742,000 | -939,000 | -1,211,000 | -1,350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,917,000 | 18,751,000 | 18,501,000 | 18,399,000 |
| Total capital | 19,206,000 | 19,086,000 | 18,956,000 | 18,956,000 |
| Risk-weighted assets | 28,942,000 | 32,983,000 | 40,831,000 | 48,507,000 |