Call reports 2020
TRUSTCO BANK — 2020
What TRUSTCO 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 | 5,259,943,000 | 5,676,909,000 | 5,735,478,000 | 5,901,372,000 |
| Total loans | 4,099,393,000 | 4,177,561,000 | 4,214,555,000 | 4,244,470,000 |
| Allowance for loan losses | 46,155,000 | 48,144,000 | 49,123,000 | 49,595,000 |
| Securities available for sale | 503,131,000 | 432,667,000 | 454,707,000 | 439,036,000 |
| Securities held to maturity | 17,719,000 | 16,633,000 | 15,094,000 | 13,824,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,481,841,000 | 4,865,321,000 | 4,899,064,000 | 5,037,207,000 |
| Interest-bearing deposits | 4,001,499,000 | 4,252,431,000 | 4,263,666,000 | 4,384,361,000 |
| Noninterest-bearing deposits | 480,342,000 | 612,890,000 | 635,398,000 | 652,846,000 |
| Equity capital | 534,473,000 | 539,636,000 | 545,964,000 | 552,386,000 |
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 | 46,610,000 | 91,182,000 | 135,168,000 | 178,288,000 |
| Interest expense | 8,090,000 | 15,000,000 | 20,844,000 | 24,807,000 |
| Net interest income | 38,520,000 | 76,182,000 | 114,324,000 | 153,481,000 |
| Noninterest income | 5,499,000 | 10,322,000 | 16,313,000 | 21,885,000 |
| Noninterest expense | 25,634,000 | 49,794,000 | 73,886,000 | 99,234,000 |
| Provision for loan losses | 2,000,000 | 4,000,000 | 5,000,000 | 5,600,000 |
| Pretax income | 17,540,000 | 33,865,000 | 52,906,000 | 71,687,000 |
| Income tax | 4,287,000 | 8,494,000 | 13,307,000 | 17,552,000 |
| Net income | 13,253,000 | 25,371,000 | 39,599,000 | 54,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 522,529,000 | 527,147,000 | 533,874,000 | 539,897,000 |
| Total capital | 558,036,000 | 562,694,000 | 570,126,000 | 576,257,000 |
| Risk-weighted assets | 2,829,762,000 | 2,831,156,000 | 2,887,200,000 | 2,895,499,000 |