Call reports 2020
INFINITY BANK — 2020
What INFINITY 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 | 110,145,000 | 180,008,000 | 189,970,000 | 204,882,000 |
| Total loans | 76,499,000 | 115,036,000 | 136,074,000 | 135,866,000 |
| Allowance for loan losses | 956,000 | 1,148,000 | 1,387,000 | 1,582,000 |
| Securities available for sale | 6,542,000 | 21,130,000 | 24,350,000 | 23,014,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,727,000 | 142,657,000 | 152,688,000 | 172,416,000 |
| Interest-bearing deposits | 45,848,000 | 77,858,000 | 89,430,000 | 71,706,000 |
| Noninterest-bearing deposits | 36,879,000 | 64,800,000 | 63,258,000 | 100,710,000 |
| Equity capital | 25,638,000 | 25,550,000 | 25,514,000 | 25,828,000 |
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 | 1,313,000 | 2,664,000 | 4,398,000 | 6,391,000 |
| Interest expense | 127,000 | 273,000 | 436,000 | 557,000 |
| Net interest income | 1,186,000 | 2,391,000 | 3,962,000 | 5,834,000 |
| Noninterest income | 47,000 | 98,000 | 149,000 | 205,000 |
| Noninterest expense | 1,389,000 | 2,656,000 | 4,204,000 | 5,706,000 |
| Provision for loan losses | 33,000 | 225,000 | 464,000 | 659,000 |
| Pretax income | -182,000 | -383,000 | -548,000 | -317,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | -182,000 | -383,000 | -548,000 | -318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,684,000 | 25,557,000 | 25,467,000 | 25,760,000 |
| Total capital | 26,640,000 | 26,705,000 | 26,854,000 | 27,342,000 |
| Risk-weighted assets | 93,773,000 | 136,137,000 | 162,568,000 | 166,294,000 |