Call reports 2020
ARMSTRONG BANK — 2020
What ARMSTRONG 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 | 1,673,152,000 | 1,963,390,000 | 2,103,569,000 | 2,234,518,000 |
| Total loans | 1,123,101,000 | 1,227,305,000 | 1,231,743,000 | 1,195,888,000 |
| Allowance for loan losses | 16,969,000 | 16,492,000 | 18,082,000 | 16,125,000 |
| Securities available for sale | 372,007,000 | 397,610,000 | 440,102,000 | 551,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,482,942,000 | 1,676,105,000 | 1,792,932,000 | 1,941,926,000 |
| Interest-bearing deposits | 1,013,509,000 | 1,089,124,000 | 1,194,135,000 | 1,266,963,000 |
| Noninterest-bearing deposits | 469,433,000 | 586,981,000 | 598,797,000 | 674,963,000 |
| Equity capital | 182,809,000 | 207,107,000 | 215,582,000 | 224,465,000 |
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 | 13,319,000 | 32,112,000 | 51,802,000 | 72,105,000 |
| Interest expense | 2,293,000 | 5,141,000 | 7,959,000 | 10,634,000 |
| Net interest income | 11,026,000 | 26,971,000 | 43,843,000 | 61,471,000 |
| Noninterest income | 4,598,000 | 9,620,000 | 15,995,000 | 21,879,000 |
| Noninterest expense | 10,038,000 | 24,073,000 | 37,526,000 | 52,823,000 |
| Provision for loan losses | 731,000 | 1,627,000 | 2,602,000 | 3,566,000 |
| Pretax income | 4,892,000 | 11,017,000 | 19,986,000 | 27,290,000 |
| Income tax | 804,000 | 1,770,000 | 3,453,000 | 3,716,000 |
| Net income | 4,088,000 | 9,247,000 | 16,533,000 | 23,574,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 171,171,000 | 173,644,000 | 178,282,000 | 182,968,000 |
| Total capital | 186,264,000 | 190,136,000 | 194,889,000 | 199,093,000 |
| Risk-weighted assets | 1,205,579,000 | 1,322,886,000 | 1,327,113,000 | 1,352,066,000 |