Call reports 2020
BETTER BANKS — 2020
What BETTER BANKS 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 | 292,347,000 | 322,477,000 | 331,098,000 | 352,940,000 |
| Total loans | 200,474,000 | 218,200,000 | 221,356,000 | 216,233,000 |
| Allowance for loan losses | 1,550,000 | 1,746,000 | 2,573,000 | 2,599,000 |
| Securities available for sale | 59,979,000 | 60,734,000 | 64,514,000 | 68,909,000 |
| Securities held to maturity | 2,158,000 | 2,058,000 | 2,053,000 | 2,763,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,414,000 | 285,510,000 | 293,374,000 | 319,099,000 |
| Interest-bearing deposits | 212,005,000 | 224,797,000 | 229,225,000 | 249,322,000 |
| Noninterest-bearing deposits | 49,409,000 | 60,713,000 | 64,149,000 | 69,777,000 |
| Equity capital | 29,710,000 | 31,506,000 | 31,892,000 | 32,375,000 |
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 | 2,703,000 | 5,402,000 | 8,389,000 | 11,216,000 |
| Interest expense | 348,000 | 629,000 | 859,000 | 1,038,000 |
| Net interest income | 2,355,000 | 4,773,000 | 7,530,000 | 10,178,000 |
| Noninterest income | 887,000 | 2,146,000 | 3,515,000 | 4,899,000 |
| Noninterest expense | 2,628,000 | 5,097,000 | 7,774,000 | 10,705,000 |
| Provision for loan losses | 60,000 | 284,000 | 1,147,000 | 1,228,000 |
| Pretax income | 554,000 | 1,538,000 | 2,124,000 | 3,144,000 |
| Income tax | 37,000 | 37,000 | 37,000 | 37,000 |
| Net income | 517,000 | 1,501,000 | 2,087,000 | 3,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,798,000 | 26,488,000 | 26,728,000 | 27,283,000 |
| Total capital | 27,348,000 | 28,234,000 | 29,301,000 | 29,882,000 |
| Risk-weighted assets | 203,084,000 | 209,412,000 | 214,228,000 | 218,323,000 |