Call reports 2020
TWIN CEDARS BANK — 2020
What TWIN CEDARS 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 | 43,944,000 | 45,823,000 | 45,885,000 | 46,745,000 |
| Total loans | 33,720,000 | 32,171,000 | 30,282,000 | 28,342,000 |
| Allowance for loan losses | 371,000 | 372,000 | 372,000 | 351,000 |
| Securities available for sale | 1,275,000 | 1,273,000 | 1,019,000 | 1,013,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,502,000 | 40,622,000 | 40,725,000 | 41,998,000 |
| Interest-bearing deposits | 31,129,000 | 31,906,000 | 30,971,000 | 32,074,000 |
| Noninterest-bearing deposits | 7,373,000 | 8,716,000 | 9,754,000 | 9,924,000 |
| Equity capital | 4,019,000 | 4,044,000 | 4,017,000 | 3,772,000 |
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 | 487,000 | 962,000 | 1,391,000 | 1,781,000 |
| Interest expense | 68,000 | 134,000 | 197,000 | 259,000 |
| Net interest income | 419,000 | 828,000 | 1,194,000 | 1,522,000 |
| Noninterest income | 36,000 | 63,000 | 98,000 | 132,000 |
| Noninterest expense | 413,000 | 796,000 | 1,186,000 | 1,571,000 |
| Provision for loan losses | 8,000 | 8,000 | 8,000 | 208,000 |
| Pretax income | 34,000 | 86,000 | 97,000 | -126,000 |
| Income tax | 2,000 | 5,000 | 5,000 | 4,000 |
| Net income | 32,000 | 81,000 | 92,000 | -130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,994,000 | 4,021,000 | 3,999,000 | 3,759,000 |