Call reports 2020
FIRST CENTURY BANK, NATIONAL ASSOCIATION — 2020
What FIRST CENTURY 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 | 409,245,000 | 328,272,000 | 328,993,000 | 469,430,000 |
| Total loans | 53,283,000 | 65,594,000 | 66,436,000 | 51,784,000 |
| Allowance for loan losses | 2,740,000 | 196,000 | 185,000 | 215,000 |
| Securities available for sale | 104,322,000 | 110,465,000 | 57,160,000 | 36,143,000 |
| Securities held to maturity | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 358,206,000 | 274,535,000 | 274,936,000 | 398,414,000 |
| Interest-bearing deposits | 131,609,000 | 100,327,000 | 99,048,000 | 235,728,000 |
| Noninterest-bearing deposits | 226,597,000 | 174,208,000 | 175,888,000 | 162,686,000 |
| Equity capital | 45,745,000 | 49,297,000 | 50,408,000 | 69,129,000 |
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 | 11,971,000 | 13,680,000 | 15,136,000 | 16,510,000 |
| Interest expense | 225,000 | 291,000 | 300,000 | 337,000 |
| Net interest income | 11,746,000 | 13,389,000 | 14,836,000 | 16,173,000 |
| Noninterest income | 2,456,000 | 4,201,000 | 5,658,000 | 8,643,000 |
| Noninterest expense | 3,629,000 | 6,619,000 | 9,558,000 | 13,136,000 |
| Provision for loan losses | 4,551,000 | 4,550,000 | 4,550,000 | 4,550,000 |
| Pretax income | 6,021,000 | 6,420,000 | 11,685,000 | 13,399,000 |
| Income tax | 1,453,000 | 1,503,000 | 2,866,000 | 3,069,000 |
| Net income | 4,568,000 | 4,917,000 | 8,819,000 | 10,330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,367,000 | 43,373,000 | 47,354,000 | 66,923,000 |
| Total capital | 45,326,000 | — | — | — |
| Risk-weighted assets | 155,901,000 | — | — | — |