Call reports 2020
LUMBEE GUARANTY BANK — 2020
What LUMBEE GUARANTY 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 | 341,771,000 | 380,056,000 | 409,254,000 | 417,194,000 |
| Total loans | 197,264,000 | 215,219,000 | 220,038,000 | 212,897,000 |
| Allowance for loan losses | 2,056,000 | 2,177,000 | 2,301,000 | 2,361,000 |
| Securities available for sale | 50,968,000 | 51,943,000 | 60,635,000 | 64,131,000 |
| Securities held to maturity | 51,374,000 | 51,294,000 | 62,573,000 | 72,647,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,492,000 | 326,584,000 | 355,794,000 | 362,088,000 |
| Interest-bearing deposits | 190,064,000 | 196,817,000 | 223,275,000 | 224,687,000 |
| Noninterest-bearing deposits | 98,428,000 | 129,767,000 | 132,519,000 | 137,401,000 |
| Equity capital | 42,602,000 | 42,675,000 | 43,187,000 | 42,948,000 |
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 | 3,548,000 | 6,793,000 | 10,128,000 | 13,623,000 |
| Interest expense | 434,000 | 823,000 | 1,176,000 | 1,472,000 |
| Net interest income | 3,114,000 | 5,970,000 | 8,952,000 | 12,151,000 |
| Noninterest income | 532,000 | 981,000 | 1,483,000 | 1,958,000 |
| Noninterest expense | 2,811,000 | 5,596,000 | 8,351,000 | 11,034,000 |
| Provision for loan losses | 0 | 175,000 | 300,000 | 300,000 |
| Pretax income | 835,000 | 1,180,000 | 1,784,000 | 2,775,000 |
| Income tax | 113,000 | 113,000 | 170,000 | 307,000 |
| Net income | 722,000 | 1,067,000 | 1,614,000 | 2,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,515,000 | 42,351,000 | 42,814,000 | 43,203,000 |