Call reports 2020
SOLERA NATIONAL BANK — 2020
What SOLERA NATIONAL 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 | 300,276,000 | 395,185,000 | 404,659,000 | 436,093,000 |
| Total loans | 211,088,000 | 310,174,000 | 328,680,000 | 342,587,000 |
| Allowance for loan losses | 3,272,000 | 3,773,000 | 4,124,000 | 4,900,000 |
| Securities available for sale | 58,319,000 | 58,503,000 | 42,225,000 | 52,877,000 |
| Securities held to maturity | 6,413,000 | 6,414,000 | 10,416,000 | 10,418,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 254,768,000 | 342,230,000 | 339,917,000 | 382,430,000 |
| Interest-bearing deposits | 85,048,000 | 154,355,000 | 129,423,000 | 147,203,000 |
| Noninterest-bearing deposits | 169,720,000 | 187,875,000 | 210,495,000 | 235,227,000 |
| Equity capital | 40,167,000 | 41,886,000 | 45,747,000 | 47,817,000 |
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 | 3,001,000 | 6,345,000 | 9,963,000 | 14,211,000 |
| Interest expense | 307,000 | 597,000 | 838,000 | 1,042,000 |
| Net interest income | 2,694,000 | 5,748,000 | 9,125,000 | 13,169,000 |
| Noninterest income | 195,000 | 399,000 | 620,000 | 954,000 |
| Noninterest expense | 1,420,000 | 2,875,000 | 4,283,000 | 5,672,000 |
| Provision for loan losses | 506,000 | 1,010,000 | 1,365,000 | 2,147,000 |
| Pretax income | 978,000 | 2,556,000 | 5,257,000 | 7,780,000 |
| Income tax | 223,000 | 542,000 | 1,111,000 | 1,766,000 |
| Net income | 755,000 | 2,014,000 | 4,146,000 | 6,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,596,000 | 40,866,000 | 45,198,000 | 47,066,000 |