Call reports 2020
BANK OF MORTON — 2020
What BANK OF MORTON 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 | 69,958,000 | 74,640,000 | 74,972,000 | 75,980,000 |
| Total loans | 50,442,000 | 48,583,000 | 46,332,000 | 44,285,000 |
| Allowance for loan losses | 114,000 | 106,000 | 83,000 | 123,000 |
| Securities available for sale | 7,427,000 | 11,694,000 | 13,649,000 | 15,634,000 |
| Securities held to maturity | 9,000 | 6,000 | 4,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,286,000 | 61,480,000 | 61,578,000 | 62,886,000 |
| Interest-bearing deposits | 40,689,000 | 41,364,000 | 41,228,000 | 41,894,000 |
| Noninterest-bearing deposits | 16,597,000 | 20,116,000 | 20,350,000 | 20,992,000 |
| Equity capital | 10,482,000 | 10,870,000 | 10,918,000 | 10,621,000 |
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 | 933,000 | 1,820,000 | 2,706,000 | 3,533,000 |
| Interest expense | 107,000 | 217,000 | 327,000 | 433,000 |
| Net interest income | 826,000 | 1,603,000 | 2,379,000 | 3,100,000 |
| Noninterest income | 142,000 | 298,000 | 441,000 | 599,000 |
| Noninterest expense | 582,000 | 1,066,000 | 1,700,000 | 2,260,000 |
| Provision for loan losses | 12,000 | 20,000 | 27,000 | 73,000 |
| Pretax income | 374,000 | 815,000 | 1,093,000 | 1,366,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 374,000 | 815,000 | 1,093,000 | 1,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,410,000 | 10,561,000 | 10,549,000 | 10,246,000 |