Call reports 2020
COMMUNITY SHORES BANK — 2020
What COMMUNITY SHORES 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 |
|---|---|---|---|
| Total assets | 215,812,000 | 248,502,000 | 256,758,000 |
| Total loans | 148,023,000 | 177,985,000 | 168,143,000 |
| Allowance for loan losses | 1,484,000 | 1,485,000 | 0 |
| Securities available for sale | 17,656,000 | 17,026,000 | 148,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 195,417,000 | 227,399,000 | 231,001,000 |
| Interest-bearing deposits | 156,906,000 | 161,875,000 | 171,984,000 |
| Noninterest-bearing deposits | 38,511,000 | 65,524,000 | 59,017,000 |
| Equity capital | 19,963,000 | 20,220,000 | 25,505,000 |
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 |
|---|---|---|---|
| Interest income | 2,103,000 | 4,231,000 | 1,876,000 |
| Interest expense | 459,000 | 844,000 | 143,000 |
| Net interest income | 1,644,000 | 3,387,000 | 1,733,000 |
| Noninterest income | 307,000 | 609,000 | 380,000 |
| Noninterest expense | 1,634,000 | 3,480,000 | 1,641,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 354,000 | 553,000 | 472,000 |
| Income tax | 76,000 | 129,000 | 107,000 |
| Net income | 278,000 | 424,000 | 365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Tier 1 capital | 18,710,000 | 19,293,000 | 15,831,000 |
| Total capital | 20,194,000 | 20,778,000 | 15,831,000 |
| Risk-weighted assets | 153,427,000 | 148,130,000 | 141,493,000 |