Call reports 2020
PORT WASHINGTON STATE BANK, THE — 2020
What PORT WASHINGTON STATE BANK, THE 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 | 647,374,000 | 712,968,000 | 736,416,000 | 840,817,000 |
| Total loans | 433,384,000 | 474,856,000 | 476,701,000 | 469,649,000 |
| Allowance for loan losses | 3,606,000 | 3,448,000 | 3,808,000 | 4,294,000 |
| Securities available for sale | 141,099,000 | 141,319,000 | 154,048,000 | 164,646,000 |
| Securities held to maturity | 524,000 | 1,591,000 | 1,580,000 | 1,569,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 580,197,000 | 637,744,000 | 659,810,000 | 766,783,000 |
| Interest-bearing deposits | 464,995,000 | 482,052,000 | 491,333,000 | 587,929,000 |
| Noninterest-bearing deposits | 115,202,000 | 155,692,000 | 168,477,000 | 178,854,000 |
| Equity capital | 60,973,000 | 62,683,000 | 64,303,000 | 65,940,000 |
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 | 6,048,000 | 12,090,000 | 17,851,000 | 23,456,000 |
| Interest expense | 1,144,000 | 2,065,000 | 2,797,000 | 3,413,000 |
| Net interest income | 4,904,000 | 10,025,000 | 15,054,000 | 20,043,000 |
| Noninterest income | 1,142,000 | 3,188,000 | 5,506,000 | 8,336,000 |
| Noninterest expense | 4,140,000 | 8,467,000 | 12,732,000 | 17,107,000 |
| Provision for loan losses | 100,000 | 350,000 | 730,000 | 1,281,000 |
| Pretax income | 2,080,000 | 4,780,000 | 7,500,000 | 10,279,000 |
| Income tax | 504,000 | 1,182,000 | 1,869,000 | 2,571,000 |
| Net income | 1,576,000 | 3,598,000 | 5,631,000 | 7,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,743,000 | 60,447,000 | 62,161,000 | 63,920,000 |
| Total capital | 62,349,000 | 63,895,000 | 65,969,000 | 68,214,000 |
| Risk-weighted assets | 461,457,000 | 466,792,000 | 469,764,000 | 485,488,000 |