Call reports 2020
MAINSTREET COMMUNITY BANK OF FLORIDA — 2020
What MAINSTREET COMMUNITY BANK OF FLORIDA 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 | 510,238,000 | 584,253,000 | 637,152,000 | 667,954,000 |
| Total loans | 371,644,000 | 429,379,000 | 449,920,000 | 441,890,000 |
| Allowance for loan losses | 5,143,000 | 6,222,000 | 6,208,000 | 6,247,000 |
| Securities available for sale | 53,435,000 | 56,221,000 | 67,840,000 | 74,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 456,009,000 | 528,178,000 | 580,124,000 | 606,894,000 |
| Interest-bearing deposits | 332,738,000 | 345,348,000 | 380,040,000 | 422,658,000 |
| Noninterest-bearing deposits | 123,271,000 | 182,830,000 | 200,084,000 | 184,236,000 |
| Equity capital | 48,433,000 | 49,462,000 | 50,694,000 | 54,825,000 |
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 | 5,152,000 | 10,246,000 | 15,474,000 | 21,268,000 |
| Interest expense | 715,000 | 1,361,000 | 1,941,000 | 2,407,000 |
| Net interest income | 4,437,000 | 8,885,000 | 13,533,000 | 18,861,000 |
| Noninterest income | 548,000 | 1,613,000 | 2,666,000 | 3,715,000 |
| Noninterest expense | 3,693,000 | 6,867,000 | 10,698,000 | 14,941,000 |
| Provision for loan losses | 260,000 | 1,330,000 | 1,330,000 | 1,330,000 |
| Pretax income | 1,134,000 | 2,403,000 | 4,273,000 | 6,667,000 |
| Income tax | 269,000 | 570,000 | 1,018,000 | 1,596,000 |
| Net income | 865,000 | 1,833,000 | 3,255,000 | 5,071,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,064,000 | 48,053,000 | 49,497,000 | 53,912,000 |