Call reports 2020
OLD FORT BANKING COMPANY, THE — 2020
What OLD FORT BANKING COMPANY, 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 | 582,828,000 | 670,518,000 | 688,964,000 | 728,775,000 |
| Total loans | 362,531,000 | 447,749,000 | 450,839,000 | 465,776,000 |
| Allowance for loan losses | 4,000,000 | 4,249,000 | 4,662,000 | 4,625,000 |
| Securities available for sale | 163,563,000 | 151,018,000 | 136,047,000 | 170,759,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 523,547,000 | 608,767,000 | 625,527,000 | 666,996,000 |
| Interest-bearing deposits | 416,118,000 | 444,546,000 | 466,961,000 | 486,469,000 |
| Noninterest-bearing deposits | 107,429,000 | 164,221,000 | 158,566,000 | 180,527,000 |
| Equity capital | 49,619,000 | 52,673,000 | 53,733,000 | 57,384,000 |
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 | 5,112,000 | 10,657,000 | 15,796,000 | 21,150,000 |
| Interest expense | 660,000 | 1,157,000 | 1,609,000 | 2,008,000 |
| Net interest income | 4,452,000 | 9,500,000 | 14,187,000 | 19,142,000 |
| Noninterest income | 614,000 | 2,027,000 | 4,572,000 | 6,192,000 |
| Noninterest expense | 3,172,000 | 6,682,000 | 10,293,000 | 13,909,000 |
| Provision for loan losses | 0 | 250,000 | 670,000 | 670,000 |
| Pretax income | 1,894,000 | 4,595,000 | 7,796,000 | 10,771,000 |
| Income tax | 0 | 0 | 0 | -77,000 |
| Net income | 1,894,000 | 4,595,000 | 7,796,000 | 10,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,635,000 | 48,511,000 | 49,902,000 | 53,704,000 |
| Total capital | 50,635,000 | 52,760,000 | 54,475,000 | 58,329,000 |
| Risk-weighted assets | 381,410,000 | 368,407,000 | 365,728,000 | 402,079,000 |