Call reports 2020
NORWAY SAVINGS BANK — 2020
What NORWAY SAVINGS 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 | 1,248,814,000 | 1,418,003,000 | 1,458,692,000 | 1,524,188,000 |
| Total loans | 1,041,227,000 | 1,144,830,000 | 1,145,890,000 | 1,124,525,000 |
| Allowance for loan losses | 8,459,000 | 9,169,000 | 9,494,000 | 9,770,000 |
| Securities available for sale | 58,957,000 | 54,950,000 | 74,949,000 | 149,443,000 |
| Securities held to maturity | 6,080,000 | 6,028,000 | 6,983,000 | 7,908,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,036,916,000 | 1,195,519,000 | 1,231,778,000 | 1,284,552,000 |
| Interest-bearing deposits | 739,672,000 | 803,788,000 | 830,431,000 | 878,288,000 |
| Noninterest-bearing deposits | 297,244,000 | 391,731,000 | 401,347,000 | 406,264,000 |
| Equity capital | 189,614,000 | 197,623,000 | 202,593,000 | 211,814,000 |
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 | 13,275,000 | 26,556,000 | 39,916,000 | 54,192,000 |
| Interest expense | 1,243,000 | 2,090,000 | 2,817,000 | 3,481,000 |
| Net interest income | 12,032,000 | 24,466,000 | 37,099,000 | 50,711,000 |
| Noninterest income | 2,170,000 | 4,436,000 | 6,672,000 | 8,742,000 |
| Noninterest expense | 10,661,000 | 21,443,000 | 32,617,000 | 43,910,000 |
| Provision for loan losses | 450,000 | 1,350,000 | 1,675,000 | 1,900,000 |
| Pretax income | -8,427,000 | 2,106,000 | 8,767,000 | 21,515,000 |
| Income tax | -1,739,000 | 506,000 | 1,935,000 | 5,238,000 |
| Net income | -6,688,000 | 1,600,000 | 6,832,000 | 16,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 181,296,000 | 189,584,000 | 194,816,000 | 204,261,000 |