Call reports 2020
POWELL VALLEY NATIONAL BANK — 2020
What POWELL VALLEY NATIONAL 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 | 324,168,000 | 367,873,000 | 386,020,000 | 383,959,000 |
| Total loans | 225,208,000 | 247,529,000 | 244,718,000 | 232,284,000 |
| Allowance for loan losses | 2,968,000 | 2,916,000 | 2,970,000 | 3,043,000 |
| Securities available for sale | 34,305,000 | 31,858,000 | 29,519,000 | 29,118,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,500,000 | 307,084,000 | 325,047,000 | 339,265,000 |
| Interest-bearing deposits | 181,199,000 | 196,587,000 | 209,685,000 | 216,086,000 |
| Noninterest-bearing deposits | 83,301,000 | 110,497,000 | 115,362,000 | 123,179,000 |
| Equity capital | 41,990,000 | 42,403,000 | 42,581,000 | 41,721,000 |
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 | 3,228,000 | 6,421,000 | 9,624,000 | 12,807,000 |
| Interest expense | 440,000 | 914,000 | 1,357,000 | 1,736,000 |
| Net interest income | 2,788,000 | 5,507,000 | 8,267,000 | 11,071,000 |
| Noninterest income | 317,000 | 783,000 | 1,284,000 | 2,006,000 |
| Noninterest expense | 2,449,000 | 4,922,000 | 7,536,000 | 10,170,000 |
| Provision for loan losses | 0 | 75,000 | 125,000 | 175,000 |
| Pretax income | 656,000 | 1,293,000 | 1,897,000 | 2,739,000 |
| Income tax | 111,000 | 217,000 | 312,000 | 426,000 |
| Net income | 545,000 | 1,076,000 | 1,585,000 | 2,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,587,000 | 40,803,000 | 40,999,000 | 40,152,000 |
| Total capital | 43,448,000 | 43,719,000 | 43,969,000 | 43,095,000 |
| Risk-weighted assets | 228,844,000 | 250,475,000 | 245,724,000 | 235,370,000 |