Call reports 2020
AXIOM BANK, NATIONAL ASSOCIATION — 2020
What AXIOM BANK, 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 | 689,527,000 | 672,061,000 | 674,520,000 | 653,589,000 |
| Total loans | 499,680,000 | 544,717,000 | 538,639,000 | 512,017,000 |
| Allowance for loan losses | 6,755,000 | 6,993,000 | 6,929,000 | 6,846,000 |
| Securities available for sale | 49,965,000 | 6,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 532,442,000 | 560,384,000 | 564,621,000 | 543,789,000 |
| Interest-bearing deposits | 461,600,000 | 469,601,000 | 468,025,000 | 446,749,000 |
| Noninterest-bearing deposits | 70,842,000 | 90,783,000 | 96,596,000 | 97,040,000 |
| Equity capital | 99,426,000 | 98,495,000 | 97,630,000 | 97,226,000 |
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 | 7,572,000 | 14,764,000 | 21,800,000 | 28,437,000 |
| Interest expense | 2,554,000 | 5,540,000 | 7,434,000 | 9,109,000 |
| Net interest income | 5,018,000 | 9,224,000 | 14,366,000 | 19,328,000 |
| Noninterest income | 1,233,000 | 2,277,000 | 3,426,000 | 4,481,000 |
| Noninterest expense | 7,515,000 | 14,268,000 | 21,619,000 | 28,099,000 |
| Provision for loan losses | 2,299,000 | 2,499,000 | 2,549,000 | 2,549,000 |
| Pretax income | -3,563,000 | -3,330,000 | -4,440,000 | -4,903,000 |
| Income tax | -891,000 | -760,000 | -1,005,000 | -1,064,000 |
| Net income | -2,672,000 | -2,570,000 | -3,435,000 | -3,839,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,700,000 | 82,877,000 | 82,087,000 | 81,759,000 |
| Total capital | — | 89,482,000 | 88,659,000 | 88,106,000 |
| Risk-weighted assets | — | 527,989,000 | 525,375,000 | 507,135,000 |