Call reports 2020
FIRST BANK OF BOAZ — 2020
What FIRST BANK OF BOAZ 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 | 226,279,000 | 279,762,000 | 280,077,000 | 280,771,000 |
| Total loans | 59,727,000 | 76,998,000 | 75,392,000 | 68,951,000 |
| Allowance for loan losses | 857,000 | 858,000 | 864,000 | 857,000 |
| Securities available for sale | 156,271,000 | 179,089,000 | 192,416,000 | 199,906,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,204,000 | 192,344,000 | 189,755,000 | 190,627,000 |
| Interest-bearing deposits | 134,744,000 | 139,196,000 | 138,516,000 | 145,321,000 |
| Noninterest-bearing deposits | 33,460,000 | 53,148,000 | 51,238,000 | 45,306,000 |
| Equity capital | 42,725,000 | 48,401,000 | 50,567,000 | 51,502,000 |
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 | 2,268,000 | 4,501,000 | 6,755,000 | 8,985,000 |
| Interest expense | 453,000 | 813,000 | 1,125,000 | 1,389,000 |
| Net interest income | 1,815,000 | 3,688,000 | 5,630,000 | 7,596,000 |
| Noninterest income | 117,000 | 660,000 | 755,000 | 855,000 |
| Noninterest expense | 841,000 | 1,776,000 | 2,612,000 | 3,422,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,172,000 | 2,653,000 | 3,854,000 | 5,110,000 |
| Income tax | 144,000 | 406,000 | 710,000 | 991,000 |
| Net income | 1,028,000 | 2,247,000 | 3,144,000 | 4,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,476,000 | 43,308,000 | 43,879,000 | 44,527,000 |
| Total capital | 43,333,000 | 44,166,000 | 44,743,000 | 45,384,000 |
| Risk-weighted assets | 128,199,000 | 140,243,000 | 144,085,000 | 143,354,000 |