Call reports 2020
QUEENSTOWN BANK OF MARYLAND — 2020
What QUEENSTOWN BANK OF MARYLAND 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 | 503,217,000 | 549,554,000 | 558,523,000 | 576,950,000 |
| Total loans | 396,552,000 | 407,358,000 | 398,368,000 | 401,680,000 |
| Allowance for loan losses | 5,778,000 | 5,881,000 | 6,532,000 | 7,170,000 |
| Securities available for sale | 15,797,000 | 21,245,000 | 47,488,000 | 81,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 432,567,000 | 476,949,000 | 485,475,000 | 505,718,000 |
| Interest-bearing deposits | 324,865,000 | 336,516,000 | 339,932,000 | 354,837,000 |
| Noninterest-bearing deposits | 107,702,000 | 140,433,000 | 145,543,000 | 150,882,000 |
| Equity capital | 67,299,000 | 68,218,000 | 69,387,000 | 68,135,000 |
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 | 5,276,000 | 10,500,000 | 15,718,000 | 20,888,000 |
| Interest expense | 705,000 | 1,438,000 | 2,114,000 | 2,720,000 |
| Net interest income | 4,571,000 | 9,062,000 | 13,604,000 | 18,168,000 |
| Noninterest income | 319,000 | 670,000 | 1,038,000 | 1,403,000 |
| Noninterest expense | 2,589,000 | 5,279,000 | 7,869,000 | 10,707,000 |
| Provision for loan losses | 100,000 | 400,000 | 1,000,000 | 1,600,000 |
| Pretax income | 2,201,000 | 4,053,000 | 5,773,000 | 7,264,000 |
| Income tax | 536,000 | 1,008,000 | 1,465,000 | 1,850,000 |
| Net income | 1,665,000 | 3,045,000 | 4,308,000 | 5,414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,238,000 | 68,020,000 | 69,283,000 | 67,998,000 |
| Total capital | 71,805,000 | 72,536,000 | 73,764,000 | 72,655,000 |
| Risk-weighted assets | 364,093,000 | 359,880,000 | 356,368,000 | 370,014,000 |