Call reports 2020
AMALGAMATED BANK — 2020
What AMALGAMATED 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 | 5,756,450,000 | 6,481,061,000 | 6,626,229,000 | 5,976,909,000 |
| Total loans | 3,559,109,000 | 3,696,351,000 | 3,631,408,000 | 3,500,079,000 |
| Allowance for loan losses | 42,348,000 | 50,010,000 | 48,072,000 | 41,589,000 |
| Securities available for sale | 1,441,805,000 | 1,575,175,000 | 1,506,900,000 | 1,539,862,000 |
| Securities held to maturity | 286,251,000 | 370,498,000 | 440,949,000 | 494,449,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,080,846,000 | 5,882,809,000 | 6,023,434,000 | 5,344,136,000 |
| Interest-bearing deposits | 2,652,818,000 | 2,781,323,000 | 2,663,284,000 | 2,735,438,000 |
| Noninterest-bearing deposits | 2,428,028,000 | 3,101,486,000 | 3,360,150,000 | 2,608,698,000 |
| Equity capital | 473,135,000 | 503,568,000 | 522,364,000 | 535,688,000 |
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 | 48,640,000 | 95,770,000 | 143,059,000 | 190,536,000 |
| Interest expense | 3,932,000 | 6,602,000 | 8,638,000 | 10,441,000 |
| Net interest income | 44,708,000 | 89,168,000 | 134,421,000 | 180,095,000 |
| Noninterest income | 8,600,000 | 16,764,000 | 28,901,000 | 38,921,000 |
| Noninterest expense | 32,270,000 | 63,339,000 | 101,216,000 | 133,886,000 |
| Provision for loan losses | 8,588,000 | 16,808,000 | 20,202,000 | 24,791,000 |
| Pretax income | 12,949,000 | 26,769,000 | 43,508,000 | 61,943,000 |
| Income tax | 3,404,000 | 6,850,000 | 11,109,000 | 15,755,000 |
| Net income | 9,545,000 | 19,919,000 | 32,399,000 | 46,188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 457,658,000 | 467,480,000 | 479,048,000 | 491,913,000 |
| Total capital | 501,266,000 | 514,953,000 | 526,023,000 | 534,684,000 |
| Risk-weighted assets | 3,591,501,000 | 3,793,894,000 | 3,755,357,000 | 3,752,484,000 |