Call reports 2020
BEDFORD LOAN & DEPOSIT BANK — 2020
What BEDFORD LOAN & DEPOSIT 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 | 94,311,000 | 100,404,000 | 100,214,000 | 105,644,000 |
| Total loans | 54,812,000 | 56,612,000 | 56,617,000 | 58,734,000 |
| Allowance for loan losses | 873,000 | 892,000 | 909,000 | 936,000 |
| Securities available for sale | 30,746,000 | 30,380,000 | 31,861,000 | 32,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,985,000 | 81,312,000 | 82,024,000 | 87,822,000 |
| Interest-bearing deposits | 56,037,000 | 58,721,000 | 58,889,000 | 62,862,000 |
| Noninterest-bearing deposits | 19,948,000 | 22,591,000 | 23,135,000 | 24,960,000 |
| Equity capital | 13,791,000 | 14,418,000 | 14,405,000 | 14,345,000 |
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 | 988,000 | 1,974,000 | 2,948,000 | 3,972,000 |
| Interest expense | 131,000 | 250,000 | 360,000 | 458,000 |
| Net interest income | 857,000 | 1,724,000 | 2,588,000 | 3,514,000 |
| Noninterest income | 160,000 | 294,000 | 458,000 | 618,000 |
| Noninterest expense | 783,000 | 1,512,000 | 2,278,000 | 3,063,000 |
| Provision for loan losses | 20,000 | 45,000 | 71,000 | 96,000 |
| Pretax income | 214,000 | 461,000 | 697,000 | 973,000 |
| Income tax | 28,000 | 61,000 | 92,000 | 121,000 |
| Net income | 186,000 | 400,000 | 605,000 | 852,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,413,000 | 13,570,000 | 13,520,000 | 13,470,000 |
| Total capital | 14,098,000 | 14,283,000 | 14,241,000 | 14,210,000 |
| Risk-weighted assets | 54,657,000 | 56,880,000 | 57,502,000 | 59,034,000 |