Call reports 2020
CREDIT FIRST NATIONAL ASSOCIATION — 2020
What CREDIT FIRST NATIONAL ASSOCIATION 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 | 29,756,000 | 28,124,000 | 29,926,000 | 30,309,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 28,624,000 | 26,623,000 | 28,485,000 | 28,883,000 |
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 | 0 | 2,000 | 2,000 | 4,000 |
| Interest expense | 1,000 | 2,000 | 3,000 | 3,000 |
| Net interest income | -1,000 | 0 | -1,000 | 1,000 |
| Noninterest income | 11,800,000 | 22,101,000 | 33,549,000 | 45,223,000 |
| Noninterest expense | 8,982,000 | 18,574,000 | 27,585,000 | 36,249,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,817,000 | 3,527,000 | 5,963,000 | 8,975,000 |
| Income tax | 654,000 | 866,000 | 1,440,000 | 2,053,000 |
| Net income | 2,163,000 | 2,661,000 | 4,523,000 | 6,922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,624,000 | 26,623,000 | 28,485,000 | 28,883,000 |
| Total capital | 28,624,000 | 26,623,000 | 28,485,000 | 28,883,000 |
| Risk-weighted assets | 6,018,000 | 5,986,000 | 7,388,000 | 6,571,000 |