Call reports 2020
FIRST ELECTRONIC BANK — 2020
What FIRST ELECTRONIC 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 | 39,408,000 | 35,822,000 | 37,505,000 | 43,692,000 |
| Total loans | 7,147,000 | 9,416,000 | 12,138,000 | 16,447,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 44,000 | 45,000 | 39,000 | 39,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,795,000 | 16,056,000 | 16,788,000 | 21,648,000 |
| Interest-bearing deposits | 17,972,000 | 14,638,000 | 15,084,000 | 19,563,000 |
| Noninterest-bearing deposits | 1,823,000 | 1,418,000 | 1,704,000 | 2,085,000 |
| Equity capital | 15,914,000 | 15,856,000 | 16,321,000 | 17,497,000 |
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 | 1,343,000 | 1,807,000 | 2,826,000 | 4,773,000 |
| Interest expense | 124,000 | 165,000 | 206,000 | 242,000 |
| Net interest income | 1,219,000 | 1,642,000 | 2,620,000 | 4,531,000 |
| Noninterest income | 2,108,000 | 4,637,000 | 7,326,000 | 9,750,000 |
| Noninterest expense | 3,082,000 | 6,127,000 | 9,159,000 | 12,139,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 245,000 | 152,000 | 787,000 | 2,142,000 |
| Income tax | 132,000 | 97,000 | 268,000 | 447,000 |
| Net income | 113,000 | 55,000 | 519,000 | 1,695,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,690,000 | 15,622,000 | 16,086,000 | 17,064,000 |
| Total capital | 15,690,000 | 15,622,000 | 16,086,000 | 17,064,000 |
| Risk-weighted assets | 9,107,000 | 12,809,000 | 16,013,000 | 19,846,000 |