Call reports 2020
FAIRFIELD NATIONAL BANK, THE — 2020
What FAIRFIELD NATIONAL BANK, THE 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 | 564,587,000 | 593,694,000 | 582,433,000 | 626,354,000 |
| Total loans | 332,991,000 | 328,240,000 | 326,015,000 | 315,322,000 |
| Allowance for loan losses | 2,180,000 | 2,269,000 | 2,329,000 | 2,356,000 |
| Securities available for sale | 192,479,000 | 224,590,000 | 217,324,000 | 258,082,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,990,000 | 340,939,000 | 340,256,000 | 381,571,000 |
| Interest-bearing deposits | 295,444,000 | 310,073,000 | 307,059,000 | 338,719,000 |
| Noninterest-bearing deposits | 24,546,000 | 30,867,000 | 33,197,000 | 42,852,000 |
| Equity capital | 75,519,000 | 77,596,000 | 80,383,000 | 81,760,000 |
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 | 5,097,000 | 10,099,000 | 15,183,000 | 19,928,000 |
| Interest expense | 1,637,000 | 3,204,000 | 4,662,000 | 6,027,000 |
| Net interest income | 3,460,000 | 6,895,000 | 10,521,000 | 13,901,000 |
| Noninterest income | 395,000 | 818,000 | 1,256,000 | 1,672,000 |
| Noninterest expense | 2,087,000 | 4,171,000 | 6,191,000 | 8,505,000 |
| Provision for loan losses | 0 | 105,000 | 105,000 | 178,000 |
| Pretax income | 1,768,000 | 4,411,000 | 6,790,000 | 8,395,000 |
| Income tax | 327,000 | 826,000 | 1,256,000 | 1,465,000 |
| Net income | 1,441,000 | 3,585,000 | 5,534,000 | 6,930,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,630,000 | 68,885,000 | 70,834,000 | 70,963,000 |