Call reports 2020
CITIZENS BANK OF EDINA, THE — 2020
What CITIZENS BANK OF EDINA, THE 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 | 71,328,000 | 76,316,000 | 76,737,000 | 80,547,000 |
| Total loans | 59,375,000 | 62,003,000 | 58,931,000 | 58,575,000 |
| Allowance for loan losses | 711,000 | 710,000 | 750,000 | 780,000 |
| Securities available for sale | 3,491,000 | 3,501,000 | 3,491,000 | 3,861,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,556,000 | 66,479,000 | 66,767,000 | 70,608,000 |
| Interest-bearing deposits | 45,906,000 | 48,344,000 | 48,613,000 | 48,333,000 |
| Noninterest-bearing deposits | 15,650,000 | 18,135,000 | 18,154,000 | 22,275,000 |
| Equity capital | 9,178,000 | 9,282,000 | 9,359,000 | 9,502,000 |
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 | 882,000 | 1,791,000 | 2,629,000 | 3,417,000 |
| Interest expense | 102,000 | 194,000 | 279,000 | 356,000 |
| Net interest income | 780,000 | 1,597,000 | 2,350,000 | 3,061,000 |
| Noninterest income | 185,000 | 215,000 | 255,000 | 307,000 |
| Noninterest expense | 328,000 | 673,000 | 972,000 | 1,311,000 |
| Provision for loan losses | 13,000 | 28,000 | 53,000 | 83,000 |
| Pretax income | 624,000 | 1,111,000 | 1,580,000 | 1,974,000 |
| Income tax | 165,000 | 303,000 | 437,000 | 426,000 |
| Net income | 459,000 | 808,000 | 1,143,000 | 1,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,128,000 | 9,224,000 | 9,307,000 | 9,460,000 |
| Total capital | 9,839,000 | — | — | — |
| Risk-weighted assets | 57,613,000 | — | — | — |