Call reports 2020
BEACH BANK — 2020
What BEACH 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 | 493,469,000 | 568,784,000 | 568,753,000 | 573,735,000 |
| Total loans | 350,397,000 | 415,969,000 | 431,293,000 | 412,377,000 |
| Allowance for loan losses | 3,000,000 | 3,240,000 | 4,673,000 | 4,699,000 |
| Securities available for sale | 48,554,000 | 40,529,000 | 19,321,000 | 14,656,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 365,666,000 | 417,449,000 | 418,740,000 | 431,584,000 |
| Interest-bearing deposits | 305,710,000 | 316,621,000 | 318,289,000 | 336,919,000 |
| Noninterest-bearing deposits | 59,956,000 | 100,828,000 | 100,451,000 | 94,665,000 |
| Equity capital | 79,290,000 | 79,461,000 | 77,522,000 | 78,591,000 |
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 | 4,597,000 | 9,066,000 | 13,619,000 | 18,899,000 |
| Interest expense | 1,237,000 | 2,314,000 | 3,243,000 | 4,089,000 |
| Net interest income | 3,360,000 | 6,752,000 | 10,376,000 | 14,810,000 |
| Noninterest income | 1,143,000 | 3,757,000 | 4,515,000 | 6,981,000 |
| Noninterest expense | 4,718,000 | 10,144,000 | 15,651,000 | 21,099,000 |
| Provision for loan losses | 149,000 | 329,000 | 1,729,000 | 1,729,000 |
| Pretax income | -364,000 | 36,000 | -2,489,000 | -1,037,000 |
| Income tax | -86,000 | 76,000 | -535,000 | -93,000 |
| Net income | -278,000 | -40,000 | -1,954,000 | -944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,797,000 | 54,433,000 | 52,338,000 | 53,596,000 |
| Total capital | 57,797,000 | 57,673,000 | 57,011,000 | 58,295,000 |
| Risk-weighted assets | 379,586,000 | 386,024,000 | 398,249,000 | 405,339,000 |