Call reports 2020
MOUNTAIN COMMERCE BANK — 2020
What MOUNTAIN COMMERCE 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 | 997,391,000 | 1,168,767,000 | 1,126,984,000 | 1,109,947,000 |
| Total loans | 824,735,000 | 936,550,000 | 948,279,000 | 935,900,000 |
| Allowance for loan losses | 7,334,000 | 10,801,000 | 13,310,000 | 13,313,000 |
| Securities available for sale | 51,794,000 | 75,830,000 | 77,247,000 | 77,290,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 832,775,000 | 902,641,000 | 911,356,000 | 934,552,000 |
| Interest-bearing deposits | 695,217,000 | 684,797,000 | 678,070,000 | 713,646,000 |
| Noninterest-bearing deposits | 137,558,000 | 217,844,000 | 233,286,000 | 220,906,000 |
| Equity capital | 107,339,000 | 109,724,000 | 112,193,000 | 115,496,000 |
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 | 10,583,000 | 21,341,000 | 32,547,000 | 44,248,000 |
| Interest expense | 2,724,000 | 4,864,000 | 6,628,000 | 8,001,000 |
| Net interest income | 7,859,000 | 16,477,000 | 25,919,000 | 36,247,000 |
| Noninterest income | 829,000 | 1,266,000 | 1,530,000 | 1,457,000 |
| Noninterest expense | 3,850,000 | 7,173,000 | 11,957,000 | 16,206,000 |
| Provision for loan losses | 1,495,000 | 4,995,000 | 7,500,000 | 7,500,000 |
| Pretax income | 3,343,000 | 5,577,000 | 8,047,000 | 14,109,000 |
| Income tax | 870,000 | 1,436,000 | 1,869,000 | 3,180,000 |
| Net income | 2,473,000 | 4,141,000 | 6,178,000 | 10,929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,997,000 | 107,766,000 | 109,927,000 | 112,919,000 |
| Total capital | 113,331,000 | 118,677,000 | 121,142,000 | 124,559,000 |
| Risk-weighted assets | 813,324,000 | 879,172,000 | 894,671,000 | 929,107,000 |