Call reports 2020
PORTAGE COUNTY BANK, THE — 2020
What PORTAGE COUNTY BANK, THE 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 | 161,445,000 | 180,582,000 | 184,116,000 | 183,744,000 |
| Total loans | 106,956,000 | 115,638,000 | 116,581,000 | 113,053,000 |
| Allowance for loan losses | 1,078,000 | 1,076,000 | 1,073,000 | 1,073,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 20,488,000 | 18,402,000 | 20,459,000 | 26,013,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,528,000 | 157,231,000 | 161,207,000 | 160,681,000 |
| Interest-bearing deposits | 101,783,000 | 107,611,000 | 107,972,000 | 100,094,000 |
| Noninterest-bearing deposits | 40,745,000 | 49,620,000 | 53,235,000 | 60,587,000 |
| Equity capital | 18,673,000 | 19,145,000 | 18,653,000 | 18,847,000 |
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 | 1,685,000 | 3,651,000 | 5,298,000 | 6,824,000 |
| Interest expense | 252,000 | 475,000 | 654,000 | 789,000 |
| Net interest income | 1,433,000 | 3,176,000 | 4,644,000 | 6,035,000 |
| Noninterest income | 88,000 | 184,000 | 277,000 | 377,000 |
| Noninterest expense | 1,208,000 | 2,477,000 | 3,554,000 | 4,732,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 313,000 | 883,000 | 1,367,000 | 1,680,000 |
| Income tax | 28,000 | 55,000 | 100,000 | 139,000 |
| Net income | 285,000 | 828,000 | 1,267,000 | 1,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,014,000 | 18,515,000 | 18,053,000 | 18,276,000 |
| Total capital | 19,092,000 | 19,591,000 | 19,126,000 | 19,349,000 |
| Risk-weighted assets | 108,671,000 | 115,511,000 | 118,360,000 | 114,859,000 |