Call reports 2020
SOLUTIONS BANK — 2020
What SOLUTIONS 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 | 223,960,000 | 242,318,000 | 335,645,000 | 349,136,000 |
| Total loans | 138,550,000 | 132,588,000 | 156,436,000 | 155,346,000 |
| Allowance for loan losses | 1,215,000 | 2,221,000 | 2,247,000 | 2,342,000 |
| Securities available for sale | 68,904,000 | 89,730,000 | 144,876,000 | 151,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,617,000 | 184,546,000 | 260,030,000 | 272,154,000 |
| Interest-bearing deposits | 150,591,000 | 158,695,000 | 219,352,000 | 231,172,000 |
| Noninterest-bearing deposits | 21,026,000 | 25,851,000 | 40,678,000 | 40,982,000 |
| Equity capital | 20,335,000 | 21,878,000 | 35,429,000 | 36,557,000 |
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 | 2,071,000 | 4,224,000 | 8,155,000 | 10,764,000 |
| Interest expense | 624,000 | 1,116,000 | 1,642,000 | 2,058,000 |
| Net interest income | 1,447,000 | 3,108,000 | 6,513,000 | 8,706,000 |
| Noninterest income | 129,000 | 267,000 | 642,000 | 883,000 |
| Noninterest expense | 1,128,000 | 2,140,000 | 4,514,000 | 7,018,000 |
| Provision for loan losses | 0 | 1,000,000 | 1,060,000 | 1,060,000 |
| Pretax income | 653,000 | 2,275,000 | 4,433,000 | 4,582,000 |
| Income tax | 0 | 0 | 0 | 62,000 |
| Net income | 653,000 | 2,275,000 | 4,433,000 | 4,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,389,000 | 20,228,000 | 30,020,000 | 29,088,000 |
| Total capital | 20,604,000 | — | — | — |
| Risk-weighted assets | 159,129,000 | — | — | — |