Call reports 2020
MIDDLETOWN VALLEY BANK — 2020
What MIDDLETOWN VALLEY 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 | 619,136,000 | 668,108,000 | 660,435,000 | 675,261,000 |
| Total loans | 454,716,000 | 529,661,000 | 558,740,000 | 562,243,000 |
| Allowance for loan losses | 4,553,000 | 5,179,000 | 6,024,000 | 7,480,000 |
| Securities available for sale | 51,357,000 | 69,518,000 | 67,441,000 | 72,439,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 26,000 |
| Total deposits | 523,703,000 | 601,412,000 | 591,741,000 | 602,902,000 |
| Interest-bearing deposits | 385,478,000 | 414,368,000 | 400,540,000 | 402,901,000 |
| Noninterest-bearing deposits | 138,225,000 | 187,044,000 | 191,201,000 | 200,001,000 |
| Equity capital | 60,490,000 | 61,695,000 | 62,496,000 | 62,455,000 |
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 | 5,600,000 | 11,355,000 | 17,448,000 | 24,038,000 |
| Interest expense | 1,111,000 | 2,080,000 | 2,824,000 | 3,462,000 |
| Net interest income | 4,489,000 | 9,275,000 | 14,624,000 | 20,576,000 |
| Noninterest income | 373,000 | 734,000 | 1,313,000 | 1,893,000 |
| Noninterest expense | 3,675,000 | 7,234,000 | 11,366,000 | 15,616,000 |
| Provision for loan losses | 323,000 | 951,000 | 1,796,000 | 3,253,000 |
| Pretax income | 873,000 | 1,833,000 | 2,949,000 | 4,350,000 |
| Income tax | 206,000 | 451,000 | 728,000 | 1,082,000 |
| Net income | 667,000 | 1,382,000 | 2,221,000 | 3,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,057,000 | 59,821,000 | 59,842,000 | 61,673,000 |