Call reports 2020
SUNCREST BANK — 2020
What SUNCREST 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 | 1,046,107,000 | 1,286,517,000 | 1,290,368,000 | 1,246,369,000 |
| Total loans | 679,894,000 | 804,669,000 | 809,530,000 | 820,473,000 |
| Allowance for loan losses | 6,061,000 | 7,262,000 | 8,260,000 | 8,503,000 |
| Securities available for sale | 236,952,000 | 255,498,000 | 325,536,000 | 339,944,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 884,272,000 | 1,048,911,000 | 1,050,620,000 | 1,035,551,000 |
| Interest-bearing deposits | 568,074,000 | 586,890,000 | 587,327,000 | 578,053,000 |
| Noninterest-bearing deposits | 316,198,000 | 462,021,000 | 463,293,000 | 457,498,000 |
| Equity capital | 154,743,000 | 161,544,000 | 163,602,000 | 168,910,000 |
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 | 10,939,000 | 21,610,000 | 32,958,000 | 44,794,000 |
| Interest expense | 1,145,000 | 1,896,000 | 2,599,000 | 3,247,000 |
| Net interest income | 9,794,000 | 19,714,000 | 30,359,000 | 41,547,000 |
| Noninterest income | 371,000 | 683,000 | 1,021,000 | 1,992,000 |
| Noninterest expense | 5,561,000 | 10,910,000 | 16,541,000 | 22,497,000 |
| Provision for loan losses | 1,100,000 | 2,300,000 | 3,300,000 | 3,550,000 |
| Pretax income | 3,504,000 | 7,133,000 | 11,485,000 | 17,439,000 |
| Income tax | 619,000 | 1,559,000 | 2,703,000 | 4,307,000 |
| Net income | 2,885,000 | 5,574,000 | 8,782,000 | 13,132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,549,000 | 110,359,000 | 112,218,000 | 116,820,000 |
| Total capital | 113,670,000 | 117,691,000 | 120,566,000 | 125,418,000 |
| Risk-weighted assets | 779,197,000 | 810,712,000 | 817,998,000 | 840,278,000 |