Call reports 2020
BANK OF THE MOUNTAINS, INC. — 2020
What BANK OF THE MOUNTAINS, INC. 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 | 70,139,000 | 77,758,000 | 76,262,000 | 75,789,000 |
| Total loans | 53,817,000 | 58,009,000 | 59,242,000 | 55,621,000 |
| Allowance for loan losses | 732,000 | 787,000 | 800,000 | 914,000 |
| Securities available for sale | 2,233,000 | 3,981,000 | 6,473,000 | 6,747,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,000,000 | 68,430,000 | 66,815,000 | 66,487,000 |
| Interest-bearing deposits | 43,483,000 | 44,889,000 | 45,872,000 | 45,528,000 |
| Noninterest-bearing deposits | 17,517,000 | 23,541,000 | 20,943,000 | 20,959,000 |
| Equity capital | 8,017,000 | 7,982,000 | 8,061,000 | 8,179,000 |
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 | 957,000 | 1,892,000 | 2,828,000 | 3,902,000 |
| Interest expense | 99,000 | 197,000 | 293,000 | 384,000 |
| Net interest income | 858,000 | 1,695,000 | 2,535,000 | 3,518,000 |
| Noninterest income | 149,000 | 263,000 | 392,000 | 546,000 |
| Noninterest expense | 819,000 | 1,617,000 | 2,474,000 | 3,293,000 |
| Provision for loan losses | 7,000 | 15,000 | 23,000 | 130,000 |
| Pretax income | 181,000 | 326,000 | 430,000 | 641,000 |
| Income tax | 36,000 | 66,000 | 86,000 | 132,000 |
| Net income | 145,000 | 260,000 | 344,000 | 509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,017,000 | 7,982,000 | 8,061,000 | 8,179,000 |
| Total capital | 8,674,000 | 8,702,000 | 8,722,000 | 8,856,000 |
| Risk-weighted assets | 52,535,000 | 57,535,000 | 52,759,000 | 53,915,000 |