Call reports 2020
REPUBLIC BANKING COMPANY, THE — 2020
What REPUBLIC BANKING COMPANY, 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 | 50,032,000 | 53,098,000 | 52,960,000 | 54,446,000 |
| Total loans | 43,861,000 | 44,371,000 | 45,111,000 | 44,007,000 |
| Allowance for loan losses | 508,000 | 585,000 | 583,000 | 581,000 |
| Securities available for sale | 2,456,000 | 2,256,000 | 2,048,000 | 1,741,000 |
| Securities held to maturity | 219,000 | 217,000 | 116,000 | 102,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,393,000 | 42,210,000 | 43,655,000 | 45,724,000 |
| Interest-bearing deposits | 33,009,000 | 34,638,000 | 36,667,000 | 37,714,000 |
| Noninterest-bearing deposits | 6,384,000 | 7,572,000 | 6,988,000 | 8,010,000 |
| Equity capital | 7,985,000 | 8,173,000 | 8,448,000 | 8,629,000 |
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 | 594,000 | 1,225,000 | 1,844,000 | 2,444,000 |
| Interest expense | 70,000 | 137,000 | 201,000 | 256,000 |
| Net interest income | 524,000 | 1,088,000 | 1,643,000 | 2,188,000 |
| Noninterest income | 23,000 | 44,000 | 65,000 | 63,000 |
| Noninterest expense | 255,000 | 522,000 | 759,000 | 1,092,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 75,000 |
| Pretax income | 292,000 | 535,000 | 873,000 | 1,084,000 |
| Income tax | 88,000 | 144,000 | 200,000 | 225,000 |
| Net income | 204,000 | 391,000 | 673,000 | 859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,934,000 | 8,120,000 | 8,403,000 | 8,669,000 |
| Total capital | 8,387,000 | 8,598,000 | — | — |
| Risk-weighted assets | 36,055,000 | 38,106,000 | — | — |