Call reports 2020
LOGAN BANK & TRUST COMPANY — 2020
What LOGAN BANK & TRUST COMPANY 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 | 266,008,000 | 297,696,000 | 298,462,000 | 301,829,000 |
| Total loans | 111,541,000 | 129,101,000 | 129,280,000 | 128,591,000 |
| Allowance for loan losses | 1,072,000 | 1,083,000 | 1,096,000 | 1,150,000 |
| Securities available for sale | 115,112,000 | 114,558,000 | 119,324,000 | 132,589,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 239,184,000 | 264,173,000 | 264,548,000 | 267,508,000 |
| Interest-bearing deposits | 175,994,000 | 179,165,000 | 184,614,000 | 184,713,000 |
| Noninterest-bearing deposits | 63,190,000 | 85,008,000 | 79,934,000 | 82,795,000 |
| Equity capital | 24,383,000 | 28,812,000 | 29,320,000 | 29,682,000 |
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 | 2,154,000 | 4,179,000 | 6,119,000 | 8,134,000 |
| Interest expense | 289,000 | 542,000 | 773,000 | 997,000 |
| Net interest income | 1,865,000 | 3,637,000 | 5,346,000 | 7,137,000 |
| Noninterest income | 387,000 | 722,000 | 1,083,000 | 1,399,000 |
| Noninterest expense | 1,439,000 | 2,884,000 | 4,333,000 | 5,804,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 100,000 |
| Pretax income | 806,000 | 1,484,000 | 2,142,000 | 2,765,000 |
| Income tax | 125,000 | 208,000 | 284,000 | 358,000 |
| Net income | 681,000 | 1,276,000 | 1,858,000 | 2,407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,352,000 | 26,569,000 | 26,774,000 | 26,863,000 |