Call reports 2020
PRESIDENTIAL BANK, FSB — 2020
What PRESIDENTIAL BANK, FSB 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 | 644,318,000 | 688,529,000 | 744,062,000 | 816,519,000 |
| Total loans | 543,624,000 | 552,671,000 | 610,283,000 | 636,151,000 |
| Allowance for loan losses | 6,915,000 | 7,471,000 | 7,707,000 | 8,693,000 |
| Securities available for sale | 34,121,000 | 31,788,000 | 27,814,000 | 27,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 563,872,000 | 606,073,000 | 650,264,000 | 715,308,000 |
| Interest-bearing deposits | 541,252,000 | 582,858,000 | 626,909,000 | 684,298,000 |
| Noninterest-bearing deposits | 22,620,000 | 23,215,000 | 23,355,000 | 31,010,000 |
| Equity capital | 66,491,000 | 70,341,000 | 77,963,000 | 83,551,000 |
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 | 7,140,000 | 13,990,000 | 21,483,000 | 29,583,000 |
| Interest expense | 1,405,000 | 2,742,000 | 4,067,000 | 5,341,000 |
| Net interest income | 5,735,000 | 11,248,000 | 17,416,000 | 24,242,000 |
| Noninterest income | 9,453,000 | 23,744,000 | 46,054,000 | 64,731,000 |
| Noninterest expense | 11,328,000 | 25,238,000 | 42,379,000 | 58,410,000 |
| Provision for loan losses | 900,000 | 1,540,000 | 1,875,000 | 3,075,000 |
| Pretax income | 2,959,000 | 8,213,000 | 19,215,000 | 27,482,000 |
| Income tax | 848,000 | 2,274,000 | 5,266,000 | 7,516,000 |
| Net income | 2,111,000 | 5,939,000 | 13,949,000 | 19,966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,944,000 | 69,422,000 | 77,082,000 | 82,749,000 |
| Total capital | 71,683,000 | 75,106,000 | 83,257,000 | 89,297,000 |
| Risk-weighted assets | 457,103,000 | 452,114,000 | 491,669,000 | 520,905,000 |