Call reports 2019
BANK OF BURLINGTON — 2019
What BANK OF BURLINGTON reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 60,941,000 | 63,516,000 | 65,048,000 | 66,518,000 |
| Total loans | 28,761,000 | 31,663,000 | 29,521,000 | 34,095,000 |
| Allowance for loan losses | 450,000 | 450,000 | 450,000 | 500,000 |
| Securities available for sale | 10,258,000 | 8,865,000 | 7,827,000 | 7,657,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,102,000 | 49,975,000 | 51,333,000 | 52,665,000 |
| Interest-bearing deposits | 32,800,000 | 35,932,000 | 35,970,000 | 37,346,000 |
| Noninterest-bearing deposits | 14,302,000 | 14,043,000 | 15,363,000 | 15,319,000 |
| Equity capital | 8,333,000 | 8,316,000 | 8,499,000 | 8,629,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 506,000 | 1,022,000 | 1,554,000 | 2,108,000 |
| Interest expense | 60,000 | 127,000 | 208,000 | 284,000 |
| Net interest income | 446,000 | 895,000 | 1,346,000 | 1,824,000 |
| Noninterest income | 44,000 | 182,000 | 229,000 | 279,000 |
| Noninterest expense | 312,000 | 619,000 | 941,000 | 1,292,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 178,000 | 458,000 | 634,000 | 761,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 178,000 | 458,000 | 634,000 | 761,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,327,000 | 8,276,000 | 8,452,000 | 8,580,000 |
| Total capital | 8,777,000 | 8,726,000 | 8,902,000 | 9,080,000 |
| Risk-weighted assets | 38,064,000 | 40,422,000 | 41,222,000 | 43,611,000 |