Call reports 2020
BANK OF LABOR — 2020
What BANK OF LABOR 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 | 679,478,000 | 758,420,000 | 781,194,000 | 760,690,000 |
| Total loans | 267,523,000 | 286,796,000 | 286,655,000 | 260,064,000 |
| Allowance for loan losses | 4,625,000 | 4,977,000 | 4,060,000 | 3,354,000 |
| Securities available for sale | 228,628,000 | 265,525,000 | 263,126,000 | 296,877,000 |
| Securities held to maturity | 81,190,000 | 81,202,000 | 81,257,000 | 78,167,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 576,409,000 | 628,037,000 | 649,549,000 | 629,794,000 |
| Interest-bearing deposits | 426,038,000 | 447,684,000 | 443,809,000 | 443,237,000 |
| Noninterest-bearing deposits | 150,371,000 | 180,353,000 | 205,740,000 | 186,557,000 |
| Equity capital | 46,972,000 | 52,711,000 | 54,387,000 | 55,520,000 |
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 | 5,757,000 | 11,597,000 | 16,982,000 | 22,703,000 |
| Interest expense | 770,000 | 1,122,000 | 1,522,000 | 1,754,000 |
| Net interest income | 4,987,000 | 10,475,000 | 15,460,000 | 20,949,000 |
| Noninterest income | 1,745,000 | 3,383,000 | 5,228,000 | 6,734,000 |
| Noninterest expense | 6,581,000 | 12,401,000 | 18,151,000 | 24,257,000 |
| Provision for loan losses | 4,200,000 | 4,450,000 | 4,500,000 | 4,100,000 |
| Pretax income | -3,661,000 | -2,589,000 | -700,000 | 2,060,000 |
| Income tax | -887,000 | -645,000 | -205,000 | 455,000 |
| Net income | -2,774,000 | -1,944,000 | -495,000 | 1,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,505,000 | 49,372,000 | 50,820,000 | 52,920,000 |
| Total capital | 53,130,000 | 54,349,000 | 54,880,000 | 56,274,000 |
| Risk-weighted assets | 407,237,000 | 411,225,000 | 404,050,000 | 398,368,000 |