Call reports 2020
CLARKSON BANK — 2020
What CLARKSON 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 | 59,094,000 | 63,477,000 | 63,484,000 | 63,208,000 |
| Total loans | 35,336,000 | 35,663,000 | 31,951,000 | 30,857,000 |
| Allowance for loan losses | 896,000 | 885,000 | 885,000 | 884,000 |
| Securities available for sale | 20,328,000 | 20,747,000 | 28,254,000 | 30,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,442,000 | 49,342,000 | 49,306,000 | 49,597,000 |
| Interest-bearing deposits | 35,259,000 | 38,211,000 | 38,071,000 | 37,827,000 |
| Noninterest-bearing deposits | 11,183,000 | 11,131,000 | 11,235,000 | 11,770,000 |
| Equity capital | 7,954,000 | 8,403,000 | 8,422,000 | 8,492,000 |
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 | 631,000 | 1,222,000 | 1,794,000 | 2,374,000 |
| Interest expense | 126,000 | 252,000 | 381,000 | 499,000 |
| Net interest income | 505,000 | 970,000 | 1,413,000 | 1,875,000 |
| Noninterest income | 25,000 | 106,000 | 126,000 | 79,000 |
| Noninterest expense | 258,000 | 520,000 | 794,000 | 1,054,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 272,000 | 556,000 | 745,000 | 900,000 |
| Income tax | 6,000 | 11,000 | 16,000 | 23,000 |
| Net income | 266,000 | 545,000 | 729,000 | 877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,142,000 | 8,236,000 | 8,229,000 | 8,251,000 |