Call reports 2020
ALTABANK — 2020
What ALTABANK 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 | 2,476,950,000 | 3,065,612,000 | 3,175,173,000 | 3,366,383,000 |
| Total loans | 1,664,088,000 | 1,688,283,000 | 1,729,007,000 | 1,709,648,000 |
| Allowance for loan losses | 41,253,000 | 42,683,000 | 41,495,000 | 41,236,000 |
| Securities available for sale | 577,000,000 | 973,457,000 | 1,123,051,000 | 1,320,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,125,642,000 | 2,617,739,000 | 2,722,480,000 | 2,922,800,000 |
| Interest-bearing deposits | 1,388,641,000 | 1,632,284,000 | 1,684,510,000 | 1,882,956,000 |
| Noninterest-bearing deposits | 737,001,000 | 985,455,000 | 1,037,970,000 | 1,039,844,000 |
| Equity capital | 336,125,000 | 345,283,000 | 354,710,000 | 364,873,000 |
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 | 29,384,000 | 56,786,000 | 84,233,000 | 110,744,000 |
| Interest expense | 2,167,000 | 3,783,000 | 5,437,000 | 7,041,000 |
| Net interest income | 27,217,000 | 53,003,000 | 78,796,000 | 103,703,000 |
| Noninterest income | 3,989,000 | 8,901,000 | 15,428,000 | 22,349,000 |
| Noninterest expense | 16,085,000 | 32,258,000 | 48,761,000 | 65,353,000 |
| Provision for loan losses | 650,000 | 2,750,000 | 2,750,000 | 2,750,000 |
| Pretax income | 14,471,000 | 28,337,000 | 44,154,000 | 59,390,000 |
| Income tax | 3,454,000 | 6,726,000 | 10,618,000 | 14,243,000 |
| Net income | 11,017,000 | 21,611,000 | 33,536,000 | 45,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 298,351,000 | 305,830,000 | 314,597,000 | 322,783,000 |
| Total capital | 320,385,000 | 327,760,000 | 337,243,000 | 345,973,000 |
| Risk-weighted assets | 1,741,828,000 | 1,731,596,000 | 1,790,803,000 | 1,835,074,000 |