Call reports 2020
CLASSIC BANK, NATIONAL ASSOCIATION — 2020
What CLASSIC BANK, NATIONAL ASSOCIATION 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 | 415,804,000 | 447,642,000 | 461,022,000 | 473,316,000 |
| Total loans | 320,939,000 | 330,919,000 | 337,359,000 | 364,684,000 |
| Allowance for loan losses | 3,639,000 | 3,869,000 | 4,145,000 | 4,443,000 |
| Securities available for sale | 59,252,000 | 67,287,000 | 68,745,000 | 67,753,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 349,427,000 | 378,922,000 | 390,492,000 | 389,984,000 |
| Interest-bearing deposits | 305,862,000 | 336,399,000 | 290,493,000 | 289,049,000 |
| Noninterest-bearing deposits | 43,565,000 | 42,523,000 | 99,999,000 | 100,935,000 |
| Equity capital | 37,848,000 | 43,733,000 | 45,121,000 | 46,533,000 |
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 | 4,439,000 | 9,216,000 | 13,706,000 | 18,190,000 |
| Interest expense | 967,000 | 1,643,000 | 2,315,000 | 2,877,000 |
| Net interest income | 3,472,000 | 7,573,000 | 11,391,000 | 15,313,000 |
| Noninterest income | 983,000 | 1,909,000 | 2,886,000 | 3,854,000 |
| Noninterest expense | 3,221,000 | 6,682,000 | 9,597,000 | 12,710,000 |
| Provision for loan losses | 120,000 | 340,000 | 640,000 | 970,000 |
| Pretax income | 1,408,000 | 2,754,000 | 4,334,000 | 5,781,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,408,000 | 2,754,000 | 4,334,000 | 5,781,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,106,000 | 40,319,000 | 41,515,000 | 42,649,000 |
| Total capital | 42,743,000 | 44,188,000 | 45,542,000 | 47,033,000 |
| Risk-weighted assets | 314,408,000 | 310,822,000 | 322,009,000 | 350,644,000 |