Call reports 2020
FIRST NATIONAL BANK OF GROTON, THE — 2020
What FIRST NATIONAL BANK OF GROTON, 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 | 192,390,000 | 198,122,000 | 195,736,000 | 201,963,000 |
| Total loans | 98,517,000 | 103,272,000 | 100,591,000 | 102,616,000 |
| Allowance for loan losses | 1,540,000 | 1,703,000 | 1,781,000 | 1,778,000 |
| Securities available for sale | 64,511,000 | 75,882,000 | 76,746,000 | 71,935,000 |
| Securities held to maturity | 7,384,000 | 7,037,000 | 6,797,000 | 6,817,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,853,000 | 168,077,000 | 165,483,000 | 171,208,000 |
| Interest-bearing deposits | 129,612,000 | 125,589,000 | 124,209,000 | 127,821,000 |
| Noninterest-bearing deposits | 34,241,000 | 42,488,000 | 41,274,000 | 43,387,000 |
| Equity capital | 28,022,000 | 28,634,000 | 29,301,000 | 29,275,000 |
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 | 2,101,000 | 4,079,000 | 6,031,000 | 7,931,000 |
| Interest expense | 148,000 | 292,000 | 427,000 | 557,000 |
| Net interest income | 1,953,000 | 3,787,000 | 5,604,000 | 7,374,000 |
| Noninterest income | 186,000 | 373,000 | 520,000 | 718,000 |
| Noninterest expense | 1,232,000 | 2,518,000 | 3,738,000 | 4,984,000 |
| Provision for loan losses | 250,000 | 500,000 | 650,000 | 650,000 |
| Pretax income | 657,000 | 1,142,000 | 1,736,000 | 2,458,000 |
| Income tax | 102,000 | 181,000 | 241,000 | 348,000 |
| Net income | 555,000 | 961,000 | 1,495,000 | 2,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,141,000 | 27,044,000 | 27,577,000 | 27,587,000 |