Call reports 2020
HURON COMMUNITY BANK — 2020
What HURON COMMUNITY 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 | 229,446,000 | 257,773,000 | 273,779,000 | 258,049,000 |
| Total loans | 143,762,000 | 164,483,000 | 162,240,000 | 152,943,000 |
| Allowance for loan losses | 1,820,000 | 1,971,000 | 2,190,000 | 2,461,000 |
| Securities available for sale | 40,357,000 | 39,751,000 | 41,110,000 | 51,597,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,394,000 | 205,866,000 | 233,652,000 | 220,539,000 |
| Interest-bearing deposits | 146,556,000 | 143,575,000 | 165,074,000 | 155,249,000 |
| Noninterest-bearing deposits | 39,838,000 | 62,291,000 | 68,578,000 | 65,290,000 |
| Equity capital | 26,683,000 | 28,567,000 | 28,938,000 | 27,952,000 |
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 | 2,212,000 | 4,560,000 | 6,794,000 | 9,076,000 |
| Interest expense | 269,000 | 512,000 | 713,000 | 881,000 |
| Net interest income | 1,943,000 | 4,048,000 | 6,081,000 | 8,195,000 |
| Noninterest income | 287,000 | 768,000 | 1,383,000 | 1,974,000 |
| Noninterest expense | 1,749,000 | 3,513,000 | 5,273,000 | 7,085,000 |
| Provision for loan losses | 53,000 | 203,000 | 293,000 | 563,000 |
| Pretax income | 428,000 | 1,100,000 | 1,898,000 | 2,521,000 |
| Income tax | 63,000 | 176,000 | 314,000 | 373,000 |
| Net income | 365,000 | 924,000 | 1,584,000 | 2,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,647,000 | 27,122,000 | 27,465,000 | 26,451,000 |