Call reports 2020
LEVEL ONE BANK — 2020
What LEVEL ONE 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 | 1,934,218,000 | 2,539,038,000 | 2,443,830,000 | 2,440,929,000 |
| Total loans | 1,484,712,000 | 1,839,910,000 | 1,904,523,000 | 1,767,019,000 |
| Allowance for loan losses | 12,989,000 | 17,063,000 | 21,254,000 | 22,297,000 |
| Securities available for sale | 230,671,000 | 217,172,000 | 253,527,000 | 302,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,481,355,000 | 1,833,481,000 | 1,978,055,000 | 1,996,216,000 |
| Interest-bearing deposits | 1,060,456,000 | 1,177,100,000 | 1,311,008,000 | 1,344,635,000 |
| Noninterest-bearing deposits | 420,899,000 | 656,381,000 | 667,047,000 | 651,581,000 |
| Equity capital | 216,356,000 | 221,791,000 | 223,624,000 | 232,672,000 |
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 | 19,803,000 | 40,186,000 | 60,421,000 | 82,595,000 |
| Interest expense | 4,351,000 | 7,867,000 | 10,872,000 | 13,305,000 |
| Net interest income | 15,452,000 | 32,319,000 | 49,549,000 | 69,290,000 |
| Noninterest income | 4,160,000 | 11,051,000 | 19,741,000 | 27,850,000 |
| Noninterest expense | 14,393,000 | 29,467,000 | 44,362,000 | 59,730,000 |
| Provision for loan losses | 489,000 | 6,064,000 | 10,334,000 | 11,872,000 |
| Pretax income | 5,259,000 | 9,267,000 | 16,456,000 | 27,400,000 |
| Income tax | 474,000 | 1,142,000 | 2,485,000 | 4,725,000 |
| Net income | 4,785,000 | 8,125,000 | 13,971,000 | 22,675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 171,034,000 | 175,390,000 | 176,592,000 | 185,655,000 |
| Total capital | 184,403,000 | 192,925,000 | 196,273,000 | 205,127,000 |
| Risk-weighted assets | 1,610,695,000 | 1,528,067,000 | 1,572,435,000 | 1,554,455,000 |