Call reports 2020
ION BANK — 2020
What ION 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 | 1,383,895,000 | 1,625,411,000 | 1,639,103,000 | 1,661,727,000 |
| Total loans | 1,159,000,000 | 1,324,626,000 | 1,309,268,000 | 1,236,795,000 |
| Allowance for loan losses | 14,004,000 | 15,980,000 | 16,872,000 | 15,613,000 |
| Securities available for sale | 70,034,000 | 66,080,000 | 62,804,000 | 64,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 9,897,000 | 10,591,000 | 10,093,000 | 8,643,000 |
| Total deposits | 1,089,021,000 | 1,389,449,000 | 1,399,843,000 | 1,415,039,000 |
| Interest-bearing deposits | 782,043,000 | 937,396,000 | 953,536,000 | 956,840,000 |
| Noninterest-bearing deposits | 306,978,000 | 452,053,000 | 446,307,000 | 458,199,000 |
| Equity capital | 117,117,000 | 120,141,000 | 123,391,000 | 131,479,000 |
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 | 13,441,000 | 26,996,000 | 40,091,000 | 54,062,000 |
| Interest expense | 2,144,000 | 3,779,000 | 5,293,000 | 6,632,000 |
| Net interest income | 11,297,000 | 23,217,000 | 34,798,000 | 47,430,000 |
| Noninterest income | 2,931,000 | 5,429,000 | 8,845,000 | 12,441,000 |
| Noninterest expense | 11,680,000 | 22,135,000 | 33,607,000 | 46,934,000 |
| Provision for loan losses | 1,800,000 | 4,050,000 | 4,850,000 | 4,850,000 |
| Pretax income | -2,333,000 | 1,236,000 | 4,677,000 | 9,758,000 |
| Income tax | -510,000 | 218,000 | 922,000 | 1,918,000 |
| Net income | -1,823,000 | 1,018,000 | 3,755,000 | 7,840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,389,000 | 142,228,000 | 144,966,000 | 149,050,000 |
| Total capital | 153,393,000 | 156,769,000 | 159,399,000 | 163,343,000 |
| Risk-weighted assets | 1,142,067,000 | 1,161,885,000 | 1,152,234,000 | 1,142,197,000 |