Call reports 2020
FIRST NATIONAL BANK OF AVA, THE — 2020
What FIRST NATIONAL BANK OF AVA, 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 | 65,734,000 | 73,275,000 | 72,862,000 | 76,642,000 |
| Total loans | 33,333,000 | 35,138,000 | 34,380,000 | 32,385,000 |
| Allowance for loan losses | 625,000 | 582,000 | 639,000 | 738,000 |
| Securities available for sale | 29,362,000 | 33,463,000 | 35,425,000 | 34,677,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,426,000 | 59,416,000 | 58,790,000 | 62,547,000 |
| Interest-bearing deposits | 47,542,000 | 49,363,000 | 48,296,000 | 50,251,000 |
| Noninterest-bearing deposits | 9,884,000 | 10,053,000 | 10,494,000 | 12,296,000 |
| Equity capital | 8,185,000 | 9,316,000 | 9,530,000 | 9,583,000 |
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 | 705,000 | 1,420,000 | 2,115,000 | 2,807,000 |
| Interest expense | 99,000 | 196,000 | 290,000 | 375,000 |
| Net interest income | 606,000 | 1,224,000 | 1,825,000 | 2,432,000 |
| Noninterest income | 47,000 | 88,000 | 155,000 | 190,000 |
| Noninterest expense | 446,000 | 875,000 | 1,299,000 | 1,739,000 |
| Provision for loan losses | 22,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 217,000 | 425,000 | 646,000 | 826,000 |
| Income tax | 37,000 | 71,000 | 108,000 | 121,000 |
| Net income | 180,000 | 354,000 | 538,000 | 705,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,344,000 | 8,443,000 | 8,604,000 | 8,606,000 |
| Total capital | 8,864,000 | 8,993,000 | 9,158,000 | 9,146,000 |
| Risk-weighted assets | 41,465,000 | 43,976,000 | 44,193,000 | 43,017,000 |