Call reports 2020
BANK OF PROTECTION, THE — 2020
What BANK OF PROTECTION, 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 | 68,204,000 | 75,911,000 | 73,177,000 | 76,508,000 |
| Total loans | 47,429,000 | 48,730,000 | 46,666,000 | 45,561,000 |
| Allowance for loan losses | 592,000 | 645,000 | 643,000 | 628,000 |
| Securities available for sale | 10,001,000 | 11,502,000 | 12,052,000 | 14,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,421,000 | 60,105,000 | 57,325,000 | 61,027,000 |
| Interest-bearing deposits | 42,161,000 | 47,443,000 | 44,194,000 | 47,023,000 |
| Noninterest-bearing deposits | 10,259,000 | 12,663,000 | 13,130,000 | 14,004,000 |
| Equity capital | 11,048,000 | 11,405,000 | 11,659,000 | 11,553,000 |
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 | 802,000 | 1,612,000 | 2,388,000 | 3,191,000 |
| Interest expense | 138,000 | 260,000 | 361,000 | 457,000 |
| Net interest income | 664,000 | 1,352,000 | 2,027,000 | 2,734,000 |
| Noninterest income | 430,000 | 473,000 | 527,000 | 579,000 |
| Noninterest expense | 422,000 | 838,000 | 1,299,000 | 1,770,000 |
| Provision for loan losses | 0 | 53,000 | 53,000 | 153,000 |
| Pretax income | 684,000 | 951,000 | 1,219,000 | 1,407,000 |
| Income tax | 156,000 | 208,000 | 249,000 | 300,000 |
| Net income | 528,000 | 743,000 | 970,000 | 1,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,845,000 | 11,059,000 | 11,285,000 | 11,125,000 |
| Total capital | 11,436,000 | 11,705,000 | 11,929,000 | 11,752,000 |
| Risk-weighted assets | 56,730,000 | 59,436,000 | 57,525,000 | 57,845,000 |