Call reports 2020
WORTHINGTON BANK — 2020
What WORTHINGTON 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 | 310,045,000 | 372,826,000 | 389,705,000 | 364,100,000 |
| Total loans | 243,142,000 | 277,510,000 | 277,815,000 | 271,387,000 |
| Allowance for loan losses | 3,172,000 | 3,597,000 | 3,653,000 | 3,881,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 277,761,000 | 339,031,000 | 355,265,000 | 329,709,000 |
| Interest-bearing deposits | 133,090,000 | 156,838,000 | 162,018,000 | 165,097,000 |
| Noninterest-bearing deposits | 144,672,000 | 182,193,000 | 193,247,000 | 164,612,000 |
| Equity capital | 31,495,000 | 32,395,000 | 33,125,000 | 33,928,000 |
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 | 3,285,000 | 7,089,000 | 10,441,000 | 14,012,000 |
| Interest expense | 333,000 | 611,000 | 865,000 | 1,063,000 |
| Net interest income | 2,952,000 | 6,478,000 | 9,576,000 | 12,949,000 |
| Noninterest income | 295,000 | 625,000 | 930,000 | 1,346,000 |
| Noninterest expense | 2,293,000 | 4,577,000 | 6,914,000 | 9,320,000 |
| Provision for loan losses | 200,000 | 625,000 | 700,000 | 925,000 |
| Pretax income | 754,000 | 1,901,000 | 2,892,000 | 4,050,000 |
| Income tax | 171,000 | 425,000 | 647,000 | 894,000 |
| Net income | 583,000 | 1,476,000 | 2,245,000 | 3,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,495,000 | 32,395,000 | 33,125,000 | 33,928,000 |