Call reports 2020
FLORENCE BANK — 2020
What FLORENCE 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 | 1,484,003,000 | 1,618,703,000 | 1,680,243,000 | 1,710,853,000 |
| Total loans | 1,035,163,000 | 1,035,285,000 | 1,024,295,000 | 1,027,928,000 |
| Allowance for loan losses | 4,397,000 | 5,228,000 | 6,347,000 | 7,581,000 |
| Securities available for sale | 198,278,000 | 234,540,000 | 282,227,000 | 288,471,000 |
| Securities held to maturity | 102,183,000 | 108,437,000 | 108,464,000 | 111,587,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,285,972,000 | 1,425,878,000 | 1,484,401,000 | 1,514,501,000 |
| Interest-bearing deposits | 965,582,000 | 1,029,939,000 | 1,081,634,000 | 1,112,274,000 |
| Noninterest-bearing deposits | 320,390,000 | 395,939,000 | 402,767,000 | 402,227,000 |
| Equity capital | 160,651,000 | 164,787,000 | 167,608,000 | 170,641,000 |
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 | 13,179,000 | 25,956,000 | 38,660,000 | 51,445,000 |
| Interest expense | 1,886,000 | 3,495,000 | 5,033,000 | 6,351,000 |
| Net interest income | 11,293,000 | 22,461,000 | 33,627,000 | 45,094,000 |
| Noninterest income | 1,734,000 | 3,199,000 | 4,882,000 | 6,711,000 |
| Noninterest expense | 9,674,000 | 18,210,000 | 26,392,000 | 34,565,000 |
| Provision for loan losses | 12,000 | 814,000 | 2,029,000 | 3,243,000 |
| Pretax income | 3,988,000 | 7,539,000 | 11,368,000 | 15,357,000 |
| Income tax | 1,028,000 | 1,946,000 | 2,915,000 | 2,971,000 |
| Net income | 2,960,000 | 5,593,000 | 8,453,000 | 12,386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 164,658,000 | 167,291,000 | 170,151,000 | 174,084,000 |