Call reports 2020
BANK OF BURLINGTON — 2020
What BANK OF BURLINGTON 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 | 65,702,000 | 73,764,000 | 73,774,000 | 75,691,000 |
| Total loans | 32,820,000 | 42,746,000 | 41,146,000 | 40,724,000 |
| Allowance for loan losses | 500,000 | 600,000 | 600,000 | 600,000 |
| Securities available for sale | 9,102,000 | 11,378,000 | 10,981,000 | 7,592,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,293,000 | 56,646,000 | 56,536,000 | 56,323,000 |
| Interest-bearing deposits | 36,376,000 | 38,184,000 | 38,621,000 | 37,975,000 |
| Noninterest-bearing deposits | 14,917,000 | 18,462,000 | 17,915,000 | 18,348,000 |
| Equity capital | 8,872,000 | 8,861,000 | 8,990,000 | 9,121,000 |
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 | 584,000 | 1,137,000 | 1,681,000 | 2,219,000 |
| Interest expense | 79,000 | 157,000 | 234,000 | 303,000 |
| Net interest income | 505,000 | 980,000 | 1,447,000 | 1,916,000 |
| Noninterest income | 48,000 | 371,000 | 434,000 | 499,000 |
| Noninterest expense | 357,000 | 764,000 | 1,142,000 | 1,518,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 100,000 |
| Pretax income | 196,000 | 487,000 | 639,000 | 797,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 196,000 | 487,000 | 639,000 | 797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,776,000 | 8,737,000 | 8,888,000 | 9,046,000 |