Call reports 2020
ACB BANK — 2020
What ACB 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 | 129,431,000 | 130,358,000 | 125,811,000 | 123,948,000 |
| Total loans | 95,995,000 | 97,584,000 | 94,293,000 | 92,063,000 |
| Allowance for loan losses | 1,155,000 | 1,502,000 | 1,520,000 | 1,633,000 |
| Securities available for sale | 22,171,000 | 23,032,000 | 22,068,000 | 20,969,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,537,000 | 111,253,000 | 102,570,000 | 102,607,000 |
| Interest-bearing deposits | 97,625,000 | 92,006,000 | 85,028,000 | 82,763,000 |
| Noninterest-bearing deposits | 16,912,000 | 19,247,000 | 17,542,000 | 19,844,000 |
| Equity capital | 13,449,000 | 14,724,000 | 14,607,000 | 14,674,000 |
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 | 1,594,000 | 3,276,000 | 4,763,000 | 6,004,000 |
| Interest expense | 375,000 | 718,000 | 1,003,000 | 1,249,000 |
| Net interest income | 1,219,000 | 2,558,000 | 3,760,000 | 4,755,000 |
| Noninterest income | 154,000 | 303,000 | 464,000 | 629,000 |
| Noninterest expense | 704,000 | 1,442,000 | 2,152,000 | 3,023,000 |
| Provision for loan losses | 480,000 | 832,000 | 1,668,000 | 1,793,000 |
| Pretax income | 220,000 | 620,000 | 437,000 | 601,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 210,000 | 610,000 | 427,000 | 591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,726,000 | 14,080,000 | 13,897,000 | 13,970,000 |