Call reports 2020
BANK OF NEWINGTON — 2020
What BANK OF NEWINGTON 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 | 151,821,000 | 149,530,000 | 159,610,000 | 157,280,000 |
| Total loans | 114,297,000 | 122,172,000 | 122,117,000 | 122,231,000 |
| Allowance for loan losses | 1,843,000 | 1,865,000 | 1,855,000 | 1,870,000 |
| Securities available for sale | 501,000 | 1,000,000 | 1,189,000 | 1,195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,363,000 | 134,591,000 | 144,368,000 | 142,471,000 |
| Interest-bearing deposits | 119,916,000 | 110,889,000 | 120,297,000 | 117,263,000 |
| Noninterest-bearing deposits | 17,447,000 | 23,702,000 | 24,071,000 | 25,208,000 |
| Equity capital | 12,964,000 | 13,292,000 | 13,369,000 | 13,351,000 |
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 | 2,285,000 | 4,595,000 | 6,830,000 | 9,060,000 |
| Interest expense | 638,000 | 1,207,000 | 1,727,000 | 2,208,000 |
| Net interest income | 1,647,000 | 3,388,000 | 5,103,000 | 6,852,000 |
| Noninterest income | 129,000 | 219,000 | 287,000 | 380,000 |
| Noninterest expense | 1,127,000 | 2,216,000 | 3,426,000 | 4,879,000 |
| Provision for loan losses | 75,000 | 200,000 | 350,000 | 500,000 |
| Pretax income | 577,000 | 1,194,000 | 1,617,000 | 1,856,000 |
| Income tax | 123,000 | 241,000 | 343,000 | 380,000 |
| Net income | 454,000 | 953,000 | 1,274,000 | 1,476,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,964,000 | 13,292,000 | 13,369,000 | 13,328,000 |
| Total capital | 14,305,000 | 14,629,000 | 14,706,000 | 14,727,000 |
| Risk-weighted assets | 106,746,000 | 106,394,000 | 106,411,000 | 111,471,000 |