Call reports 2020
FIRST NATIONAL BANK OF FREDERICK, THE — 2020
What FIRST NATIONAL BANK OF FREDERICK, 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 | 19,882,000 | 21,482,000 | 25,052,000 | 28,153,000 |
| Total loans | 8,265,000 | 8,417,000 | 7,508,000 | 6,944,000 |
| Allowance for loan losses | 168,000 | 168,000 | 168,000 | 168,000 |
| Securities available for sale | 5,642,000 | 5,300,000 | 4,794,000 | 4,309,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,644,000 | 18,208,000 | 21,818,000 | 24,985,000 |
| Interest-bearing deposits | 13,039,000 | 14,016,000 | 15,260,000 | 18,345,000 |
| Noninterest-bearing deposits | 3,605,000 | 4,192,000 | 6,558,000 | 6,640,000 |
| Equity capital | 3,112,000 | 3,140,000 | 3,113,000 | 3,083,000 |
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 | 165,000 | 315,000 | 444,000 | 561,000 |
| Interest expense | 21,000 | 39,000 | 58,000 | 74,000 |
| Net interest income | 144,000 | 276,000 | 386,000 | 487,000 |
| Noninterest income | 13,000 | 51,000 | 63,000 | 75,000 |
| Noninterest expense | 141,000 | 273,000 | 410,000 | 550,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 16,000 | 54,000 | 39,000 | 12,000 |
| Income tax | 2,000 | 10,000 | 4,000 | -4,000 |
| Net income | 14,000 | 44,000 | 35,000 | 16,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,987,000 | 3,018,000 | 3,009,000 | 2,990,000 |