Call reports 2020
SETTLERS BANK — 2020
What SETTLERS 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 | 126,758,000 | 140,497,000 | 135,575,000 | 142,722,000 |
| Total loans | 95,315,000 | 92,882,000 | 89,490,000 | 85,894,000 |
| Allowance for loan losses | 1,565,000 | 1,575,000 | 1,620,000 | 1,660,000 |
| Securities available for sale | 5,062,000 | 5,371,000 | 4,777,000 | 4,751,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,035,000 | 121,578,000 | 116,644,000 | 123,815,000 |
| Interest-bearing deposits | 83,395,000 | 93,069,000 | 90,652,000 | 94,172,000 |
| Noninterest-bearing deposits | 24,640,000 | 28,509,000 | 25,992,000 | 29,643,000 |
| Equity capital | 17,145,000 | 17,386,000 | 17,540,000 | 17,597,000 |
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 | 1,286,000 | 2,460,000 | 3,586,000 | 4,659,000 |
| Interest expense | 165,000 | 328,000 | 478,000 | 617,000 |
| Net interest income | 1,121,000 | 2,132,000 | 3,108,000 | 4,042,000 |
| Noninterest income | 79,000 | 157,000 | 243,000 | 328,000 |
| Noninterest expense | 705,000 | 1,392,000 | 2,092,000 | 2,784,000 |
| Provision for loan losses | 19,000 | 62,000 | 105,000 | 147,000 |
| Pretax income | 476,000 | 835,000 | 1,154,000 | 1,439,000 |
| Income tax | 101,000 | 176,000 | 249,000 | 312,000 |
| Net income | 375,000 | 659,000 | 905,000 | 1,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,127,000 | 17,290,000 | 17,416,000 | 17,458,000 |