Call reports 2020
HATCH BANK — 2020
What HATCH 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 | 72,368,000 | 80,807,000 | 110,191,000 | 180,754,000 |
| Total loans | 59,168,000 | 54,207,000 | 49,852,000 | 46,340,000 |
| Allowance for loan losses | 887,000 | 872,000 | 849,000 | 704,000 |
| Securities available for sale | 8,000 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,020,000 | 39,475,000 | 69,525,000 | 144,377,000 |
| Interest-bearing deposits | 41,020,000 | 39,161,000 | 69,219,000 | 144,377,000 |
| Noninterest-bearing deposits | 0 | 315,000 | 306,000 | 0 |
| Equity capital | 27,193,000 | 27,432,000 | 27,759,000 | 27,964,000 |
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 | 842,000 | 1,589,000 | 2,359,000 | 3,013,000 |
| Interest expense | 250,000 | 458,000 | 655,000 | 848,000 |
| Net interest income | 592,000 | 1,131,000 | 1,704,000 | 2,165,000 |
| Noninterest income | 125,000 | 300,000 | 555,000 | 851,000 |
| Noninterest expense | 463,000 | 931,000 | 1,429,000 | 1,982,000 |
| Provision for loan losses | 97,000 | 106,000 | 109,000 | 111,000 |
| Pretax income | 157,000 | 397,000 | 725,000 | 929,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 157,000 | 397,000 | 725,000 | 929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,192,000 | 27,431,000 | 27,759,000 | 27,964,000 |