Call reports 2020
INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. — 2020
What INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. 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 | 161,945,000 | 696,737,000 | 95,039,000 | 97,355,000 |
| Total loans | 36,487,000 | 40,036,000 | 40,565,000 | 43,151,000 |
| Allowance for loan losses | 500,000 | 522,000 | 545,000 | 582,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,001,000 | 1,000,000 | 1,000,000 | 1,025,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,186,000 | 24,800,000 | 28,102,000 | 31,764,000 |
| Interest-bearing deposits | 0 | 0 | 0 | 0 |
| Noninterest-bearing deposits | 25,186,000 | 24,800,000 | 28,102,000 | 31,764,000 |
| Equity capital | 15,198,000 | 15,498,000 | 15,703,000 | 15,881,000 |
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 | 901,000 | 1,497,000 | 2,011,000 | 2,545,000 |
| Interest expense | 489,000 | 624,000 | 666,000 | 737,000 |
| Net interest income | 412,000 | 873,000 | 1,345,000 | 1,808,000 |
| Noninterest income | 578,000 | 1,217,000 | 1,759,000 | 2,349,000 |
| Noninterest expense | 670,000 | 1,355,000 | 2,079,000 | 2,843,000 |
| Provision for loan losses | 21,000 | 43,000 | 65,000 | 101,000 |
| Pretax income | 299,000 | 692,000 | 960,000 | 1,213,000 |
| Income tax | 72,000 | 165,000 | 228,000 | 303,000 |
| Net income | 227,000 | 527,000 | 732,000 | 910,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,198,000 | 15,498,000 | 15,703,000 | 15,881,000 |
| Total capital | 15,698,000 | 16,020,000 | 16,248,000 | 16,458,000 |
| Risk-weighted assets | 40,636,000 | 44,155,000 | 44,120,000 | 46,154,000 |