Call reports 2020
FLATIRONS BANK — 2020
What FLATIRONS BANK 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 | 192,648,000 | 245,346,000 | 258,704,000 | 258,918,000 |
| Total loans | 124,944,000 | 171,061,000 | 170,485,000 | 175,903,000 |
| Allowance for loan losses | 1,500,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Securities available for sale | 59,980,000 | 70,575,000 | 69,846,000 | 78,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,366,000 | 211,776,000 | 226,105,000 | 226,382,000 |
| Interest-bearing deposits | 134,872,000 | 150,401,000 | 152,860,000 | 142,446,000 |
| Noninterest-bearing deposits | 31,494,000 | 61,375,000 | 73,245,000 | 83,936,000 |
| Equity capital | 18,132,000 | 22,538,000 | 23,692,000 | 24,919,000 |
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 | 2,097,000 | 4,959,000 | 7,354,000 | 10,164,000 |
| Interest expense | 471,000 | 794,000 | 1,090,000 | 1,322,000 |
| Net interest income | 1,626,000 | 4,165,000 | 6,264,000 | 8,842,000 |
| Noninterest income | 203,000 | 377,000 | 663,000 | 883,000 |
| Noninterest expense | 1,295,000 | 2,746,000 | 4,174,000 | 5,579,000 |
| Provision for loan losses | 74,000 | 574,000 | 574,000 | 574,000 |
| Pretax income | 583,000 | 1,345,000 | 2,302,000 | 3,695,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 583,000 | 1,345,000 | 2,302,000 | 3,695,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,844,000 | 19,055,000 | 19,751,000 | 20,780,000 |