Call reports 2020
CUMBERLAND FEDERAL BANK, FSB — 2020
What CUMBERLAND FEDERAL BANK, FSB 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 | 168,692,000 | 184,590,000 | 189,734,000 | 187,329,000 |
| Total loans | 78,750,000 | 83,794,000 | 85,509,000 | 84,958,000 |
| Allowance for loan losses | 704,000 | 756,000 | 782,000 | 800,000 |
| Securities available for sale | 81,629,000 | 90,973,000 | 92,372,000 | 92,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,114,000 | 134,182,000 | 138,044,000 | 137,335,000 |
| Interest-bearing deposits | 119,967,000 | 125,355,000 | 130,072,000 | 127,323,000 |
| Noninterest-bearing deposits | 6,147,000 | 8,827,000 | 7,972,000 | 10,012,000 |
| Equity capital | 14,043,000 | 19,278,000 | 20,689,000 | 21,066,000 |
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 | 1,651,000 | 3,510,000 | 5,089,000 | 6,611,000 |
| Interest expense | 494,000 | 863,000 | 1,200,000 | 1,497,000 |
| Net interest income | 1,157,000 | 2,647,000 | 3,889,000 | 5,114,000 |
| Noninterest income | 232,000 | 915,000 | 1,405,000 | 1,873,000 |
| Noninterest expense | 757,000 | 1,535,000 | 2,318,000 | 3,651,000 |
| Provision for loan losses | 20,000 | 72,000 | 98,000 | 116,000 |
| Pretax income | 591,000 | 1,955,000 | 2,857,000 | 3,194,000 |
| Income tax | 163,000 | 534,000 | 766,000 | 858,000 |
| Net income | 428,000 | 1,421,000 | 2,091,000 | 2,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,179,000 | 19,172,000 | 19,842,000 | 20,087,000 |
| Total capital | 18,883,000 | 19,928,000 | 20,624,000 | 20,887,000 |
| Risk-weighted assets | 107,120,000 | 112,439,000 | 129,263,000 | 133,969,000 |