Call reports 2020
DAVIS TRUST COMPANY — 2020
What DAVIS TRUST COMPANY 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 | 147,226,000 | 179,536,000 | 167,218,000 | 173,359,000 |
| Total loans | 96,321,000 | 113,209,000 | 117,324,000 | 120,327,000 |
| Allowance for loan losses | 1,013,000 | 1,074,000 | 1,336,000 | 1,413,000 |
| Securities available for sale | 3,891,000 | 9,548,000 | 7,555,000 | 7,329,000 |
| Securities held to maturity | 10,515,000 | 10,236,000 | 9,778,000 | 9,510,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,562,000 | 162,960,000 | 150,889,000 | 150,872,000 |
| Interest-bearing deposits | 78,021,000 | 82,832,000 | 82,497,000 | 85,264,000 |
| Noninterest-bearing deposits | 52,541,000 | 80,128,000 | 68,392,000 | 65,608,000 |
| Equity capital | 14,291,000 | 13,981,000 | 14,109,000 | 13,070,000 |
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 | 1,434,000 | 2,910,000 | 4,474,000 | 6,053,000 |
| Interest expense | 103,000 | 212,000 | 304,000 | 385,000 |
| Net interest income | 1,331,000 | 2,698,000 | 4,170,000 | 5,668,000 |
| Noninterest income | 239,000 | 790,000 | 1,069,000 | 1,220,000 |
| Noninterest expense | 1,286,000 | 2,571,000 | 3,883,000 | 5,129,000 |
| Provision for loan losses | 51,000 | 111,000 | 369,000 | 445,000 |
| Pretax income | 233,000 | 806,000 | 1,055,000 | 1,382,000 |
| Income tax | 31,000 | 146,000 | 184,000 | 251,000 |
| Net income | 202,000 | 660,000 | 871,000 | 1,131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,067,000 | 18,726,000 | 18,929,000 | 18,396,000 |