Call reports 2020
CREDIT ONE BANK, NATIONAL ASSOCIATION — 2020
What CREDIT ONE 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 | 687,640,000 | 733,564,000 | 731,017,000 | 803,193,000 |
| Total loans | 398,716,000 | 372,309,000 | 412,275,000 | 475,967,000 |
| Allowance for loan losses | 52,912,000 | 49,482,000 | 49,934,000 | 63,387,000 |
| Securities available for sale | 6,227,000 | 0 | 0 | 0 |
| Securities held to maturity | 26,040,000 | 26,107,000 | 26,212,000 | 26,169,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,637,000 | 289,563,000 | 304,644,000 | 321,490,000 |
| Interest-bearing deposits | 253,232,000 | 289,025,000 | 304,069,000 | 320,983,000 |
| Noninterest-bearing deposits | 405,000 | 538,000 | 575,000 | 507,000 |
| Equity capital | 283,513,000 | 292,620,000 | 272,924,000 | 333,040,000 |
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 | 27,923,000 | 50,671,000 | 75,364,000 | 101,648,000 |
| Interest expense | 1,374,000 | 2,832,000 | 4,293,000 | 5,598,000 |
| Net interest income | 26,549,000 | 47,839,000 | 71,071,000 | 96,050,000 |
| Noninterest income | 205,955,000 | 386,680,000 | 554,059,000 | 731,148,000 |
| Noninterest expense | 152,017,000 | 288,102,000 | 409,409,000 | 530,279,000 |
| Provision for loan losses | 12,610,000 | 19,485,000 | 28,485,000 | 49,550,000 |
| Pretax income | 67,877,000 | 127,261,000 | 187,565,000 | 247,681,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 67,877,000 | 127,261,000 | 187,565,000 | 247,681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 272,130,000 | 281,514,000 | 261,818,000 | 321,934,000 |