Call reports 2020
EVOLVE BANK & TRUST — 2020
What EVOLVE BANK & TRUST 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 | 486,982,000 | 603,606,000 | 646,885,000 | 691,611,000 |
| Total loans | 398,799,000 | 514,009,000 | 548,979,000 | 584,884,000 |
| Allowance for loan losses | 6,369,000 | 6,550,000 | 6,573,000 | 7,033,000 |
| Securities available for sale | 13,629,000 | 16,984,000 | 16,756,000 | 27,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 372,671,000 | 405,827,000 | 453,767,000 | 514,782,000 |
| Interest-bearing deposits | 188,533,000 | 173,799,000 | 224,452,000 | 295,564,000 |
| Noninterest-bearing deposits | 184,138,000 | 232,028,000 | 229,315,000 | 219,218,000 |
| Equity capital | 45,573,000 | 47,972,000 | 52,898,000 | 55,459,000 |
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 | 5,543,000 | 11,597,000 | 18,046,000 | 24,865,000 |
| Interest expense | 752,000 | 1,397,000 | 2,005,000 | 2,497,000 |
| Net interest income | 4,791,000 | 10,200,000 | 16,041,000 | 22,368,000 |
| Noninterest income | 12,720,000 | 33,220,000 | 58,301,000 | 82,383,000 |
| Noninterest expense | 16,078,000 | 39,228,000 | 63,357,000 | 88,769,000 |
| Provision for loan losses | 239,000 | 439,000 | 442,000 | 1,042,000 |
| Pretax income | 1,194,000 | 3,753,000 | 10,543,000 | 14,940,000 |
| Income tax | 327,000 | 986,000 | 2,766,000 | 3,948,000 |
| Net income | 867,000 | 2,767,000 | 7,777,000 | 10,992,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,765,000 | 44,691,000 | 49,578,000 | 52,113,000 |
| Total capital | 47,423,000 | 49,579,000 | 54,663,000 | 57,494,000 |
| Risk-weighted assets | 370,946,000 | 389,353,000 | 405,302,000 | 428,793,000 |