Call reports 2020
BRIGHTON BANK — 2020
What BRIGHTON 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 | 41,798,000 | 43,289,000 | 46,505,000 | 54,978,000 |
| Total loans | 29,551,000 | 30,816,000 | 32,247,000 | 31,129,000 |
| Allowance for loan losses | 466,000 | 540,000 | 548,000 | 599,000 |
| Securities available for sale | 5,844,000 | 5,840,000 | 4,824,000 | 5,307,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,877,000 | 37,327,000 | 40,112,000 | 48,108,000 |
| Interest-bearing deposits | 26,799,000 | 27,811,000 | 31,383,000 | 37,289,000 |
| Noninterest-bearing deposits | 8,078,000 | 9,516,000 | 8,729,000 | 10,819,000 |
| Equity capital | 2,730,000 | 2,760,000 | 3,235,000 | 3,668,000 |
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 | 520,000 | 1,028,000 | 1,520,000 | 2,004,000 |
| Interest expense | 67,000 | 131,000 | 208,000 | 296,000 |
| Net interest income | 453,000 | 897,000 | 1,312,000 | 1,708,000 |
| Noninterest income | 220,000 | 751,000 | 2,200,000 | 3,881,000 |
| Noninterest expense | 718,000 | 1,588,000 | 2,959,000 | 4,553,000 |
| Provision for loan losses | 0 | 89,000 | 96,000 | 147,000 |
| Pretax income | -45,000 | -29,000 | 457,000 | 889,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -45,000 | -29,000 | 457,000 | 889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,654,000 | 2,695,000 | 3,181,000 | 3,613,000 |
| Total capital | 2,941,000 | 2,994,000 | 3,478,000 | 3,909,000 |
| Risk-weighted assets | 22,782,000 | 23,709,000 | 23,537,000 | 23,345,000 |