Call reports 2020
FIRST NATIONAL BANK OF MONTEREY, THE — 2020
What FIRST NATIONAL BANK OF MONTEREY, THE 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 | 328,120,000 | 347,021,000 | 354,383,000 | 368,751,000 |
| Total loans | 208,010,000 | 213,115,000 | 215,472,000 | 209,101,000 |
| Allowance for loan losses | 4,724,000 | 4,748,000 | 4,776,000 | 4,809,000 |
| Securities available for sale | 90,751,000 | 99,312,000 | 98,480,000 | 104,614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,657,000 | 294,203,000 | 300,315,000 | 314,823,000 |
| Interest-bearing deposits | 243,695,000 | 256,822,000 | 258,592,000 | 266,341,000 |
| Noninterest-bearing deposits | 35,962,000 | 37,381,000 | 41,723,000 | 48,482,000 |
| Equity capital | 42,175,000 | 46,270,000 | 47,239,000 | 47,581,000 |
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 | 3,385,000 | 6,701,000 | 10,063,000 | 13,550,000 |
| Interest expense | 840,000 | 1,594,000 | 2,299,000 | 2,969,000 |
| Net interest income | 2,545,000 | 5,107,000 | 7,764,000 | 10,581,000 |
| Noninterest income | 218,000 | 362,000 | 518,000 | 407,000 |
| Noninterest expense | 1,890,000 | 3,735,000 | 5,536,000 | 7,262,000 |
| Provision for loan losses | 0 | 20,000 | 50,000 | 80,000 |
| Pretax income | 910,000 | 1,770,000 | 2,815,000 | 3,771,000 |
| Income tax | 180,000 | 343,000 | 557,000 | 710,000 |
| Net income | 730,000 | 1,427,000 | 2,258,000 | 3,061,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,156,000 | 43,852,000 | 44,683,000 | 44,778,000 |