Call reports 2020
NXT BANK — 2020
What NXT 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 | 260,187,000 | 259,114,000 | 248,884,000 | 245,883,000 |
| Total loans | 214,540,000 | 207,307,000 | 204,728,000 | 198,923,000 |
| Allowance for loan losses | 2,540,000 | 3,062,000 | 3,165,000 | 3,166,000 |
| Securities available for sale | 24,521,000 | 29,784,000 | 28,917,000 | 26,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,345,000 | 201,285,000 | 191,345,000 | 185,057,000 |
| Interest-bearing deposits | 172,096,000 | 167,496,000 | 155,107,000 | 149,336,000 |
| Noninterest-bearing deposits | 29,249,000 | 33,789,000 | 36,238,000 | 35,721,000 |
| Equity capital | 31,059,000 | 31,462,000 | 31,930,000 | 32,662,000 |
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 | 2,758,000 | 5,632,000 | 7,922,000 | 10,216,000 |
| Interest expense | 869,000 | 1,604,000 | 2,198,000 | 2,692,000 |
| Net interest income | 1,889,000 | 4,028,000 | 5,724,000 | 7,524,000 |
| Noninterest income | 169,000 | 410,000 | 700,000 | 1,112,000 |
| Noninterest expense | 1,389,000 | 2,783,000 | 4,087,000 | 5,241,000 |
| Provision for loan losses | 0 | 521,000 | 622,000 | 622,000 |
| Pretax income | 669,000 | 1,226,000 | 1,807,000 | 2,865,000 |
| Income tax | 154,000 | 280,000 | 411,000 | 662,000 |
| Net income | 515,000 | 946,000 | 1,396,000 | 2,203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,286,000 | 29,719,000 | 30,169,000 | 30,876,000 |
| Total capital | 31,826,000 | 32,090,000 | 32,501,000 | 33,119,000 |
| Risk-weighted assets | 204,445,000 | 188,993,000 | 185,701,000 | 178,547,000 |