Call reports 2020
NEW REPUBLIC BANK — 2020
What NEW REPUBLIC 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 | 65,525,000 | 70,970,000 | 69,778,000 | 92,000,000 |
| Total loans | 56,749,000 | 59,753,000 | 60,296,000 | 63,217,000 |
| Allowance for loan losses | 568,000 | 598,000 | 603,000 | 30,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,948,000 | 55,286,000 | 54,652,000 | 70,244,000 |
| Interest-bearing deposits | 47,778,000 | 51,492,000 | 52,431,000 | 53,895,000 |
| Noninterest-bearing deposits | 2,170,000 | 3,794,000 | 2,221,000 | 16,349,000 |
| Equity capital | 6,624,000 | 6,731,000 | 6,774,000 | 13,010,000 |
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 | 874,000 | 1,764,000 | 2,634,000 | 424,000 |
| Interest expense | 282,000 | 543,000 | 774,000 | 68,000 |
| Net interest income | 592,000 | 1,221,000 | 1,860,000 | 356,000 |
| Noninterest income | 26,000 | 50,000 | 86,000 | 17,000 |
| Noninterest expense | 596,000 | 1,199,000 | 1,816,000 | 509,000 |
| Provision for loan losses | 7,000 | 37,000 | 42,000 | 30,000 |
| Pretax income | 15,000 | 35,000 | 88,000 | -166,000 |
| Income tax | 1,000 | -86,000 | -76,000 | 130,000 |
| Net income | 14,000 | 121,000 | 164,000 | -296,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,470,000 | 6,695,000 | 6,738,000 | 9,890,000 |
| Total capital | 7,038,000 | 7,293,000 | 7,341,000 | 9,920,000 |
| Risk-weighted assets | 46,776,000 | 49,250,000 | 49,472,000 | 56,447,000 |