Call reports 2020
FEDERATED BANK — 2020
What FEDERATED 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 | 93,550,000 | 101,150,000 | 105,187,000 | 105,020,000 |
| Total loans | 39,101,000 | 46,880,000 | 48,614,000 | 49,961,000 |
| Allowance for loan losses | 333,000 | 348,000 | 384,000 | 422,000 |
| Securities available for sale | 35,235,000 | 37,855,000 | 37,597,000 | 35,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,808,000 | 84,164,000 | 87,982,000 | 87,976,000 |
| Interest-bearing deposits | 54,876,000 | 56,170,000 | 57,751,000 | 58,316,000 |
| Noninterest-bearing deposits | 26,932,000 | 27,994,000 | 30,231,000 | 29,660,000 |
| Equity capital | 11,610,000 | 12,595,000 | 12,847,000 | 12,903,000 |
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 | 838,000 | 1,695,000 | 2,638,000 | 3,700,000 |
| Interest expense | 80,000 | 146,000 | 194,000 | 237,000 |
| Net interest income | 758,000 | 1,549,000 | 2,444,000 | 3,463,000 |
| Noninterest income | 152,000 | 351,000 | 607,000 | 876,000 |
| Noninterest expense | 782,000 | 1,625,000 | 2,487,000 | 3,398,000 |
| Provision for loan losses | 14,000 | 29,000 | 62,000 | 99,000 |
| Pretax income | 115,000 | 256,000 | 511,000 | 851,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 115,000 | 256,000 | 511,000 | 851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,263,000 | 8,404,000 | 8,557,000 | 8,596,000 |
| Total capital | 8,596,000 | — | — | — |
| Risk-weighted assets | 46,894,000 | — | — | — |