Call reports 2020
SAVOY BANK — 2020
What SAVOY 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 | 397,529,000 | 596,948,000 | 587,889,000 | 600,059,000 |
| Total loans | 341,884,000 | 521,640,000 | 543,188,000 | 501,597,000 |
| Allowance for loan losses | 5,694,000 | 7,227,000 | 7,694,000 | 8,355,000 |
| Securities available for sale | 1,737,000 | 5,188,000 | 2,631,000 | 1,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 340,034,000 | 347,988,000 | 333,853,000 | 359,452,000 |
| Interest-bearing deposits | 299,635,000 | 282,806,000 | 285,344,000 | 312,094,000 |
| Noninterest-bearing deposits | 40,399,000 | 65,182,000 | 48,509,000 | 47,358,000 |
| Equity capital | 41,596,000 | 42,427,000 | 43,754,000 | 46,030,000 |
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 | 5,701,000 | 12,552,000 | 19,094,000 | 25,458,000 |
| Interest expense | 1,672,000 | 3,306,000 | 4,798,000 | 6,213,000 |
| Net interest income | 4,029,000 | 9,246,000 | 14,296,000 | 19,245,000 |
| Noninterest income | 941,000 | 1,475,000 | 2,194,000 | 3,745,000 |
| Noninterest expense | 3,092,000 | 6,195,000 | 9,333,000 | 11,928,000 |
| Provision for loan losses | 400,000 | 1,900,000 | 2,675,000 | 3,275,000 |
| Pretax income | 1,490,000 | 2,642,000 | 4,498,000 | 7,803,000 |
| Income tax | 400,000 | 719,000 | 1,249,000 | 2,275,000 |
| Net income | 1,090,000 | 1,923,000 | 3,249,000 | 5,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,071,000 | 41,892,000 | 43,177,000 | 45,380,000 |
| Total capital | 45,096,000 | 45,705,000 | 47,156,000 | 49,216,000 |
| Risk-weighted assets | 320,335,000 | 301,541,000 | 314,540,000 | 302,317,000 |