Call reports 2020
PRIMARY BANK — 2020
What PRIMARY 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 | 342,124,000 | 508,595,000 | 532,037,000 | 565,492,000 |
| Total loans | 257,747,000 | 422,596,000 | 446,217,000 | 432,064,000 |
| Allowance for loan losses | 3,107,000 | 3,564,000 | 4,043,000 | 4,017,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,623,000 | 1,481,000 | 1,332,000 | 1,186,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 294,207,000 | 416,746,000 | 457,895,000 | 509,967,000 |
| Interest-bearing deposits | 228,371,000 | 284,610,000 | 317,973,000 | 346,049,000 |
| Noninterest-bearing deposits | 65,836,000 | 132,136,000 | 139,922,000 | 163,918,000 |
| Equity capital | 45,668,000 | 49,397,000 | 51,181,000 | 53,101,000 |
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 | 3,313,000 | 7,318,000 | 11,920,000 | 17,288,000 |
| Interest expense | 884,000 | 1,825,000 | 2,775,000 | 3,696,000 |
| Net interest income | 2,429,000 | 5,493,000 | 9,145,000 | 13,592,000 |
| Noninterest income | 45,000 | 94,000 | 237,000 | 367,000 |
| Noninterest expense | 1,795,000 | 3,809,000 | 5,694,000 | 7,974,000 |
| Provision for loan losses | 239,000 | 696,000 | 1,175,000 | 1,150,000 |
| Pretax income | 440,000 | 1,082,000 | 2,513,000 | 4,835,000 |
| Income tax | 123,000 | 299,000 | 687,000 | 1,316,000 |
| Net income | 317,000 | 783,000 | 1,826,000 | 3,519,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,668,000 | 49,398,000 | 51,181,000 | 53,102,000 |
| Total capital | 48,775,000 | 52,962,000 | 55,224,000 | 57,119,000 |
| Risk-weighted assets | 272,000,000 | 307,395,000 | 331,589,000 | 352,507,000 |