Call reports 2020
SAGE CAPITAL BANK — 2020
What SAGE CAPITAL 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 | 423,895,000 | 494,382,000 | 483,170,000 | 486,792,000 |
| Total loans | 288,346,000 | 305,136,000 | 310,880,000 | 300,627,000 |
| Allowance for loan losses | 3,480,000 | 3,481,000 | 3,881,000 | 3,881,000 |
| Securities available for sale | 54,229,000 | 53,108,000 | 42,944,000 | 39,610,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 371,110,000 | 409,133,000 | 427,086,000 | 429,934,000 |
| Interest-bearing deposits | 242,136,000 | 258,046,000 | 270,112,000 | 276,342,000 |
| Noninterest-bearing deposits | 128,974,000 | 151,087,000 | 156,974,000 | 153,593,000 |
| Equity capital | 49,861,000 | 52,511,000 | 53,467,000 | 54,413,000 |
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 | 4,655,000 | 10,030,000 | 14,470,000 | 18,831,000 |
| Interest expense | 700,000 | 1,294,000 | 1,873,000 | 2,403,000 |
| Net interest income | 3,955,000 | 8,736,000 | 12,597,000 | 16,428,000 |
| Noninterest income | 435,000 | 851,000 | 1,285,000 | 1,762,000 |
| Noninterest expense | 3,119,000 | 5,979,000 | 8,575,000 | 11,578,000 |
| Provision for loan losses | 0 | 0 | 400,000 | 400,000 |
| Pretax income | 1,271,000 | 3,608,000 | 4,926,000 | 6,235,000 |
| Income tax | 239,000 | 702,000 | 957,000 | 1,130,000 |
| Net income | 1,032,000 | 2,906,000 | 3,969,000 | 5,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,948,000 | 46,821,000 | 47,885,000 | 49,020,000 |
| Total capital | 48,828,000 | 50,702,000 | 51,766,000 | 52,901,000 |
| Risk-weighted assets | 315,565,000 | 336,915,000 | 345,026,000 | 329,712,000 |