Call reports 2020
BANK OF FOREST — 2020
What BANK OF FOREST 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 | 212,235,000 | 226,449,000 | 223,988,000 | 225,560,000 |
| Total loans | 125,476,000 | 126,032,000 | 119,807,000 | 116,685,000 |
| Allowance for loan losses | 1,201,000 | 1,247,000 | 1,301,000 | 1,378,000 |
| Securities available for sale | 57,666,000 | 67,018,000 | 75,825,000 | 80,242,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,382,000 | 193,307,000 | 190,281,000 | 192,885,000 |
| Interest-bearing deposits | 144,043,000 | 148,891,000 | 146,661,000 | 147,668,000 |
| Noninterest-bearing deposits | 35,339,000 | 44,416,000 | 43,620,000 | 45,217,000 |
| Equity capital | 28,979,000 | 29,945,000 | 30,719,000 | 29,718,000 |
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 | 2,106,000 | 4,224,000 | 6,317,000 | 8,331,000 |
| Interest expense | 358,000 | 715,000 | 1,036,000 | 1,316,000 |
| Net interest income | 1,748,000 | 3,509,000 | 5,281,000 | 7,015,000 |
| Noninterest income | 469,000 | 949,000 | 1,465,000 | 1,950,000 |
| Noninterest expense | 1,583,000 | 3,081,000 | 4,615,000 | 6,374,000 |
| Provision for loan losses | 45,000 | 95,000 | 160,000 | 255,000 |
| Pretax income | 628,000 | 1,326,000 | 2,008,000 | 2,373,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 628,000 | 1,326,000 | 2,008,000 | 2,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,450,000 | 27,563,000 | 28,245,000 | 27,164,000 |
| Total capital | 28,651,000 | 28,810,000 | — | — |
| Risk-weighted assets | 147,139,000 | 142,656,000 | — | — |