Call reports 2020
UPSTATE NATIONAL BANK, THE — 2020
What UPSTATE NATIONAL BANK, THE 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 | 168,168,000 | 182,961,000 | 192,147,000 | 204,592,000 |
| Total loans | 141,622,000 | 156,288,000 | 164,318,000 | 176,932,000 |
| Allowance for loan losses | 1,355,000 | 1,455,000 | 1,555,000 | 1,778,000 |
| Securities available for sale | 15,713,000 | 15,632,000 | 13,956,000 | 13,470,000 |
| Securities held to maturity | 10,000 | 10,000 | 10,000 | 10,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,766,000 | 141,593,000 | 149,964,000 | 174,030,000 |
| Interest-bearing deposits | 126,188,000 | 125,296,000 | 132,771,000 | 156,526,000 |
| Noninterest-bearing deposits | 14,578,000 | 16,297,000 | 17,193,000 | 17,504,000 |
| Equity capital | 18,126,000 | 18,582,000 | 19,047,000 | 19,297,000 |
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 | 1,894,000 | 3,778,000 | 5,743,000 | 7,958,000 |
| Interest expense | 686,000 | 1,272,000 | 1,790,000 | 2,211,000 |
| Net interest income | 1,208,000 | 2,506,000 | 3,953,000 | 5,747,000 |
| Noninterest income | 12,000 | 23,000 | 36,000 | 47,000 |
| Noninterest expense | 858,000 | 1,620,000 | 2,476,000 | 3,262,000 |
| Provision for loan losses | 0 | 100,000 | 200,000 | 423,000 |
| Pretax income | 362,000 | 809,000 | 1,313,000 | 2,109,000 |
| Income tax | 0 | 0 | 6,000 | 490,000 |
| Net income | 362,000 | 809,000 | 1,307,000 | 1,619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,598,000 | 15,044,000 | 15,543,000 | 16,340,000 |
| Total capital | 15,953,000 | 16,499,000 | 17,098,000 | 18,112,000 |
| Risk-weighted assets | 122,137,000 | 126,378,000 | 130,752,000 | 141,721,000 |