Call reports 2020
BANK OF MONTICELLO — 2020
What BANK OF MONTICELLO 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 | 114,250,000 | 126,789,000 | 132,839,000 | 137,495,000 |
| Total loans | 71,666,000 | 78,687,000 | 80,937,000 | 76,496,000 |
| Allowance for loan losses | 743,000 | 879,000 | 920,000 | 1,009,000 |
| Securities available for sale | 16,075,000 | 19,554,000 | 20,293,000 | 21,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,691,000 | 112,828,000 | 118,505,000 | 123,288,000 |
| Interest-bearing deposits | 84,358,000 | 91,975,000 | 96,362,000 | 100,425,000 |
| Noninterest-bearing deposits | 16,333,000 | 20,853,000 | 22,143,000 | 22,863,000 |
| Equity capital | 12,595,000 | 12,870,000 | 13,325,000 | 13,188,000 |
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 | 1,309,000 | 2,865,000 | 4,190,000 | 5,552,000 |
| Interest expense | 134,000 | 279,000 | 429,000 | 577,000 |
| Net interest income | 1,175,000 | 2,586,000 | 3,761,000 | 4,975,000 |
| Noninterest income | 146,000 | 275,000 | 427,000 | 555,000 |
| Noninterest expense | 814,000 | 1,623,000 | 2,441,000 | 3,366,000 |
| Provision for loan losses | 45,000 | 240,000 | 285,000 | 350,000 |
| Pretax income | 462,000 | 998,000 | 1,462,000 | 1,814,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 462,000 | 998,000 | 1,462,000 | 1,814,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,476,000 | 12,440,000 | 12,904,000 | 12,779,000 |