Call reports 2020
FOUNDATION ONE BANK — 2020
What FOUNDATION ONE 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 | 118,058,000 | 155,821,000 | 156,428,000 | 147,404,000 |
| Total loans | 97,085,000 | 133,057,000 | 136,641,000 | 133,233,000 |
| Allowance for loan losses | 869,000 | 973,000 | 1,038,000 | 1,083,000 |
| Securities available for sale | 9,247,000 | 8,598,000 | 8,820,000 | 8,628,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,143,000 | 107,600,000 | 107,911,000 | 110,121,000 |
| Interest-bearing deposits | 79,144,000 | 78,172,000 | 81,771,000 | 85,265,000 |
| Noninterest-bearing deposits | 18,999,000 | 29,428,000 | 26,140,000 | 24,856,000 |
| Equity capital | 13,776,000 | 14,087,000 | 14,498,000 | 14,845,000 |
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 | 1,210,000 | 2,553,000 | 3,948,000 | 5,340,000 |
| Interest expense | 340,000 | 656,000 | 937,000 | 1,222,000 |
| Net interest income | 870,000 | 1,897,000 | 3,011,000 | 4,118,000 |
| Noninterest income | 180,000 | 589,000 | 1,029,000 | 1,429,000 |
| Noninterest expense | 876,000 | 1,826,000 | 2,779,000 | 3,738,000 |
| Provision for loan losses | 65,000 | 169,000 | 234,000 | 279,000 |
| Pretax income | 109,000 | 491,000 | 1,027,000 | 1,530,000 |
| Income tax | 20,000 | 124,000 | 237,000 | 370,000 |
| Net income | 89,000 | 367,000 | 790,000 | 1,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,926,000 | 13,204,000 | 13,628,000 | 13,997,000 |