Call reports 2020
VIKING BANK, NATIONAL ASSOCIATION — 2020
What VIKING 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 | 214,612,000 | 220,897,000 | 242,792,000 | 230,230,000 |
| Total loans | 163,014,000 | 172,182,000 | 166,940,000 | 159,814,000 |
| Allowance for loan losses | 1,897,000 | 2,117,000 | 2,240,000 | 2,388,000 |
| Securities available for sale | 7,496,000 | 7,251,000 | 7,921,000 | 8,048,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,270,000 | 177,280,000 | 198,422,000 | 185,915,000 |
| Interest-bearing deposits | 149,322,000 | 148,405,000 | 172,756,000 | 158,024,000 |
| Noninterest-bearing deposits | 17,948,000 | 28,875,000 | 25,666,000 | 27,891,000 |
| Equity capital | 33,240,000 | 33,508,000 | 33,654,000 | 33,944,000 |
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 | 2,295,000 | 4,541,000 | 6,717,000 | 8,954,000 |
| Interest expense | 458,000 | 851,000 | 1,222,000 | 1,555,000 |
| Net interest income | 1,837,000 | 3,690,000 | 5,495,000 | 7,399,000 |
| Noninterest income | 268,000 | 592,000 | 987,000 | 1,460,000 |
| Noninterest expense | 1,121,000 | 2,304,000 | 3,545,000 | 4,740,000 |
| Provision for loan losses | 124,000 | 349,000 | 575,000 | 716,000 |
| Pretax income | 860,000 | 1,629,000 | 2,362,000 | 3,403,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 858,000 | 1,627,000 | 2,360,000 | 3,401,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,219,000 | 21,416,000 | 21,580,000 | 21,917,000 |