Call reports 2020
FIRST EXCHANGE BANK — 2020
What FIRST EXCHANGE 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 | 300,290,000 | 316,188,000 | 313,370,000 | 314,225,000 |
| Total loans | 258,406,000 | 264,711,000 | 264,047,000 | 257,182,000 |
| Allowance for loan losses | 3,877,000 | 3,982,000 | 4,146,000 | 4,300,000 |
| Securities available for sale | 21,293,000 | 22,044,000 | 21,906,000 | 24,700,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,134,000 | 262,069,000 | 261,112,000 | 263,807,000 |
| Interest-bearing deposits | 201,310,000 | 209,696,000 | 207,587,000 | 210,570,000 |
| Noninterest-bearing deposits | 42,824,000 | 52,373,000 | 53,525,000 | 53,238,000 |
| Equity capital | 28,515,000 | 28,553,000 | 28,738,000 | 29,598,000 |
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 | 3,553,000 | 7,126,000 | 10,812,000 | 14,327,000 |
| Interest expense | 732,000 | 1,438,000 | 2,120,000 | 2,750,000 |
| Net interest income | 2,821,000 | 5,688,000 | 8,692,000 | 11,577,000 |
| Noninterest income | 402,000 | 727,000 | 1,082,000 | 1,462,000 |
| Noninterest expense | 2,123,000 | 4,198,000 | 6,279,000 | 8,359,000 |
| Provision for loan losses | 517,000 | 724,000 | 921,000 | 1,121,000 |
| Pretax income | 583,000 | 1,493,000 | 2,574,000 | 3,559,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 583,000 | 1,493,000 | 2,574,000 | 3,559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,963,000 | 27,892,000 | 28,118,000 | 29,021,000 |