Call reports 2020
AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION — 2020
What AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION 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 | 372,671,000 | 394,430,000 | 394,105,000 | 382,421,000 |
| Total loans | 288,626,000 | 291,084,000 | 332,980,000 | 331,483,000 |
| Allowance for loan losses | 4,674,000 | 5,050,000 | 5,426,000 | 5,605,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,667,000 | 331,870,000 | 331,067,000 | 317,950,000 |
| Interest-bearing deposits | 279,284,000 | 289,144,000 | 285,627,000 | 275,756,000 |
| Noninterest-bearing deposits | 31,383,000 | 42,726,000 | 45,440,000 | 42,194,000 |
| Equity capital | 42,590,000 | 43,449,000 | 44,369,000 | 45,510,000 |
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 | 4,800,000 | 9,104,000 | 13,343,000 | 18,130,000 |
| Interest expense | 1,396,000 | 2,633,000 | 3,695,000 | 4,673,000 |
| Net interest income | 3,404,000 | 6,471,000 | 9,648,000 | 13,457,000 |
| Noninterest income | 148,000 | 280,000 | 686,000 | 838,000 |
| Noninterest expense | 1,938,000 | 3,610,000 | 5,583,000 | 7,750,000 |
| Provision for loan losses | 129,000 | 504,000 | 879,000 | 1,267,000 |
| Pretax income | 1,485,000 | 2,637,000 | 3,872,000 | 5,287,000 |
| Income tax | 379,000 | 672,000 | 987,000 | 1,260,000 |
| Net income | 1,106,000 | 1,965,000 | 2,885,000 | 4,027,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,591,000 | 43,450,000 | 44,370,000 | 45,511,000 |
| Total capital | 46,162,000 | 46,905,000 | 48,160,000 | 49,285,000 |
| Risk-weighted assets | 284,603,000 | 274,806,000 | 301,567,000 | 300,105,000 |