Call reports 2020
VISIONBANK — 2020
What VISIONBANK 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 | 192,791,000 | 226,265,000 | 228,259,000 | 240,965,000 |
| Total loans | 171,279,000 | 189,490,000 | 186,301,000 | 175,817,000 |
| Allowance for loan losses | 1,571,000 | 1,742,000 | 1,963,000 | 2,214,000 |
| Securities available for sale | 70,000 | 67,000 | 59,000 | 52,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,115,000 | 203,879,000 | 205,506,000 | 218,263,000 |
| Interest-bearing deposits | 137,512,000 | 152,787,000 | 153,831,000 | 158,514,000 |
| Noninterest-bearing deposits | 33,603,000 | 51,092,000 | 51,675,000 | 59,749,000 |
| Equity capital | 20,424,000 | 20,801,000 | 21,210,000 | 21,595,000 |
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 | 2,294,000 | 4,676,000 | 7,154,000 | 9,309,000 |
| Interest expense | 474,000 | 879,000 | 1,276,000 | 1,606,000 |
| Net interest income | 1,820,000 | 3,797,000 | 5,878,000 | 7,703,000 |
| Noninterest income | 294,000 | 894,000 | 1,523,000 | 2,190,000 |
| Noninterest expense | 1,794,000 | 3,673,000 | 5,590,000 | 7,319,000 |
| Provision for loan losses | 120,000 | 315,000 | 565,000 | 815,000 |
| Pretax income | 200,000 | 703,000 | 1,246,000 | 1,759,000 |
| Income tax | 50,000 | 175,000 | 309,000 | 436,000 |
| Net income | 150,000 | 528,000 | 937,000 | 1,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,765,000 | 20,142,000 | 20,551,000 | 20,936,000 |
| Total capital | 21,336,000 | 21,884,000 | 22,514,000 | 22,886,000 |
| Risk-weighted assets | 163,478,000 | 158,936,000 | 158,185,000 | 155,794,000 |