Call reports 2020
FIRST NATIONAL BANK OF MERTZON, THE — 2020
What FIRST NATIONAL BANK OF MERTZON, 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 | 500,167,000 | 511,434,000 | 514,028,000 | 455,015,000 |
| Total loans | 57,060,000 | 63,579,000 | 62,819,000 | 65,499,000 |
| Allowance for loan losses | 1,331,000 | 1,348,000 | 1,382,000 | 1,359,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 248,980,000 | 243,611,000 | 232,670,000 | 197,523,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 463,499,000 | 474,038,000 | 475,875,000 | 416,883,000 |
| Interest-bearing deposits | 320,489,000 | 324,717,000 | 308,910,000 | 272,606,000 |
| Noninterest-bearing deposits | 143,010,000 | 149,321,000 | 166,965,000 | 144,277,000 |
| Equity capital | 36,066,000 | 36,842,000 | 37,584,000 | 37,788,000 |
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 | 2,519,000 | 4,394,000 | 6,245,000 | 8,080,000 |
| Interest expense | 203,000 | 308,000 | 397,000 | 460,000 |
| Net interest income | 2,316,000 | 4,086,000 | 5,848,000 | 7,620,000 |
| Noninterest income | 88,000 | 170,000 | 257,000 | 344,000 |
| Noninterest expense | 924,000 | 1,824,000 | 2,762,000 | 4,095,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,480,000 | 2,432,000 | 3,343,000 | 3,869,000 |
| Income tax | 284,000 | 460,000 | 628,000 | 717,000 |
| Net income | 1,196,000 | 1,972,000 | 2,715,000 | 3,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,066,000 | 36,842,000 | 37,584,000 | 37,788,000 |
| Total capital | 37,171,000 | 37,921,000 | 38,632,000 | 38,823,000 |
| Risk-weighted assets | 88,140,000 | 86,060,000 | 83,502,000 | 82,484,000 |