Call reports 2020
PROFESSIONAL BANK — 2020
What PROFESSIONAL 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 | 1,671,913,000 | 2,031,313,000 | 2,076,565,000 | 2,056,933,000 |
| Total loans | 1,350,503,000 | 1,568,492,000 | 1,602,946,000 | 1,658,941,000 |
| Allowance for loan losses | 7,394,000 | 9,045,000 | 15,035,000 | 16,259,000 |
| Securities available for sale | 97,631,000 | 105,212,000 | 97,067,000 | 87,509,000 |
| Securities held to maturity | 1,668,000 | 1,635,000 | 1,589,000 | 1,548,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,419,314,000 | 1,560,049,000 | 1,611,549,000 | 1,702,511,000 |
| Interest-bearing deposits | 997,952,000 | 1,019,122,000 | 1,073,661,000 | 1,179,972,000 |
| Noninterest-bearing deposits | 421,362,000 | 540,927,000 | 537,888,000 | 522,539,000 |
| Equity capital | 168,017,000 | 172,469,000 | 174,467,000 | 186,374,000 |
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 | 11,020,000 | 29,526,000 | 48,627,000 | 69,081,000 |
| Interest expense | 2,905,000 | 4,946,000 | 6,508,000 | 8,588,000 |
| Net interest income | 8,115,000 | 24,580,000 | 42,119,000 | 60,493,000 |
| Noninterest income | 858,000 | 1,979,000 | 3,091,000 | 4,739,000 |
| Noninterest expense | 7,731,000 | 18,958,000 | 30,397,000 | 40,760,000 |
| Provision for loan losses | 845,000 | 2,595,000 | 8,764,000 | 10,017,000 |
| Pretax income | 422,000 | 5,045,000 | 6,089,000 | 14,526,000 |
| Income tax | 368,000 | 1,392,000 | 1,074,000 | 3,203,000 |
| Net income | 54,000 | 3,653,000 | 5,015,000 | 11,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 148,895,000 | 153,233,000 | 154,361,000 | 159,448,000 |
| Total capital | 158,810,000 | 165,249,000 | 171,197,000 | 176,633,000 |
| Risk-weighted assets | 1,367,696,000 | 1,284,884,000 | 1,345,896,000 | 1,466,231,000 |