Call reports 2020
ASCENT BANK — 2020
What ASCENT 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 | 57,771,000 | 77,486,000 | 86,219,000 | 81,527,000 |
| Total loans | 42,932,000 | 56,830,000 | 57,878,000 | 56,253,000 |
| Allowance for loan losses | 631,000 | 731,000 | 731,000 | 731,000 |
| Securities available for sale | 1,760,000 | 1,761,000 | 1,755,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,243,000 | 55,329,000 | 63,651,000 | 62,138,000 |
| Interest-bearing deposits | 30,169,000 | 29,651,000 | 38,663,000 | 38,710,000 |
| Noninterest-bearing deposits | 19,074,000 | 25,678,000 | 24,988,000 | 23,428,000 |
| Equity capital | 8,354,000 | 8,149,000 | 8,350,000 | 8,511,000 |
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 | 670,000 | 1,413,000 | 2,200,000 | 3,051,000 |
| Interest expense | 59,000 | 112,000 | 159,000 | 200,000 |
| Net interest income | 611,000 | 1,301,000 | 2,041,000 | 2,851,000 |
| Noninterest income | 29,000 | 41,000 | 54,000 | 89,000 |
| Noninterest expense | 461,000 | 982,000 | 1,457,000 | 2,064,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 100,000 |
| Pretax income | 179,000 | 260,000 | 538,000 | 776,000 |
| Income tax | 51,000 | 72,000 | 145,000 | 218,000 |
| Net income | 128,000 | 188,000 | 393,000 | 558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,411,000 | 7,206,000 | 7,415,000 | 7,584,000 |
| Total capital | 7,908,000 | 7,706,000 | 7,931,000 | 8,120,000 |
| Risk-weighted assets | 39,608,000 | 39,750,000 | 41,090,000 | 42,684,000 |