Call reports 2020
TITAN BANK, N.A. — 2020
What TITAN BANK, N.A. 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 | 202,237,000 | 295,634,000 | 326,034,000 | 418,541,000 |
| Total loans | 109,210,000 | 176,867,000 | 210,514,000 | 205,965,000 |
| Allowance for loan losses | 1,391,000 | 1,479,000 | 1,714,000 | 1,694,000 |
| Securities available for sale | 30,982,000 | 36,904,000 | 40,878,000 | 47,166,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,189,000 | 202,526,000 | 229,676,000 | 330,155,000 |
| Interest-bearing deposits | 154,510,000 | 162,755,000 | 191,792,000 | 272,942,000 |
| Noninterest-bearing deposits | 27,679,000 | 39,771,000 | 37,884,000 | 57,213,000 |
| Equity capital | 19,359,000 | 23,619,000 | 25,193,000 | 28,914,000 |
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 | 2,162,000 | 4,396,000 | 6,912,000 | 9,367,000 |
| Interest expense | 140,000 | 257,000 | 375,000 | 506,000 |
| Net interest income | 2,022,000 | 4,139,000 | 6,537,000 | 8,861,000 |
| Noninterest income | 529,000 | 2,308,000 | 2,809,000 | 4,685,000 |
| Noninterest expense | 1,214,000 | 2,605,000 | 3,897,000 | 5,144,000 |
| Provision for loan losses | 91,000 | 179,000 | 420,000 | 406,000 |
| Pretax income | 1,246,000 | 3,663,000 | 5,029,000 | 7,996,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,243,000 | 3,658,000 | 5,020,000 | 7,988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,119,000 | 22,040,000 | 23,398,000 | 26,695,000 |
| Total capital | — | — | — | 28,389,000 |
| Risk-weighted assets | — | — | — | 149,326,000 |