Call reports 2020
BANK OF CANTON, THE — 2020
What BANK OF CANTON, 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 | 670,466,000 | 712,217,000 | 721,782,000 | 767,827,000 |
| Total loans | 544,273,000 | 587,612,000 | 588,095,000 | 551,073,000 |
| Allowance for loan losses | 6,587,000 | 6,792,000 | 6,946,000 | 6,949,000 |
| Securities available for sale | 64,730,000 | 61,778,000 | 58,160,000 | 54,111,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 538,585,000 | 600,223,000 | 611,200,000 | 676,634,000 |
| Interest-bearing deposits | 452,196,000 | 493,379,000 | 509,193,000 | 574,589,000 |
| Noninterest-bearing deposits | 86,389,000 | 106,844,000 | 102,007,000 | 102,045,000 |
| Equity capital | 76,625,000 | 73,339,000 | 74,727,000 | 76,500,000 |
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 | 6,679,000 | 13,075,000 | 19,457,000 | 25,694,000 |
| Interest expense | 864,000 | 1,652,000 | 2,388,000 | 3,081,000 |
| Net interest income | 5,815,000 | 11,423,000 | 17,069,000 | 22,613,000 |
| Noninterest income | 825,000 | 2,673,000 | 5,141,000 | 8,223,000 |
| Noninterest expense | 5,508,000 | 10,927,000 | 16,709,000 | 22,548,000 |
| Provision for loan losses | 0 | 200,000 | 350,000 | 350,000 |
| Pretax income | 1,142,000 | 3,024,000 | 5,206,000 | 7,993,000 |
| Income tax | 290,000 | 774,000 | 1,337,000 | 2,048,000 |
| Net income | 852,000 | 2,250,000 | 3,869,000 | 5,945,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,495,000 | 80,718,000 | 82,163,000 | 84,063,000 |
| Total capital | 86,164,000 | 87,286,000 | 88,802,000 | 90,242,000 |
| Risk-weighted assets | 533,438,000 | 525,012,000 | 530,669,000 | 493,417,000 |