Call reports 2020
ERGO BANK — 2020
What ERGO 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 | 95,114,000 | 105,923,000 | 110,821,000 | 116,873,000 |
| Total loans | 70,626,000 | 78,171,000 | 80,324,000 | 82,112,000 |
| Allowance for loan losses | 945,000 | 1,014,000 | 1,074,000 | 1,084,000 |
| Securities available for sale | 13,910,000 | 14,724,000 | 15,013,000 | 24,527,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,700,000 | 84,312,000 | 89,066,000 | 95,242,000 |
| Interest-bearing deposits | 72,603,000 | 75,974,000 | 79,169,000 | 86,773,000 |
| Noninterest-bearing deposits | 5,097,000 | 8,338,000 | 9,897,000 | 8,469,000 |
| Equity capital | 12,061,000 | 12,222,000 | 12,235,000 | 12,287,000 |
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 | 1,077,000 | 2,328,000 | 3,451,000 | 4,565,000 |
| Interest expense | 198,000 | 387,000 | 560,000 | 737,000 |
| Net interest income | 879,000 | 1,941,000 | 2,891,000 | 3,828,000 |
| Noninterest income | 90,000 | 218,000 | 291,000 | 345,000 |
| Noninterest expense | 776,000 | 1,692,000 | 2,350,000 | 3,198,000 |
| Provision for loan losses | 45,000 | 141,000 | 187,000 | 232,000 |
| Pretax income | 147,000 | 326,000 | 645,000 | 746,000 |
| Income tax | 0 | 123,000 | 123,000 | 123,000 |
| Net income | 147,000 | 203,000 | 522,000 | 623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,531,000 | 11,610,000 | 11,622,000 | 11,674,000 |
| Total capital | 12,449,000 | 12,624,000 | — | — |
| Risk-weighted assets | 73,422,000 | 82,422,000 | — | — |