Call reports 2020
BLACK MOUNTAIN SAVINGS BANK, SSB — 2020
What BLACK MOUNTAIN SAVINGS BANK, SSB 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 | 40,241,000 | 39,818,000 | 39,006,000 | 42,077,000 |
| Total loans | 27,930,000 | 27,829,000 | 27,902,000 | 27,466,000 |
| Allowance for loan losses | 42,000 | 42,000 | 42,000 | 42,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,194,000 | 34,170,000 | 33,536,000 | 36,291,000 |
| Interest-bearing deposits | 34,194,000 | 34,170,000 | 33,536,000 | 36,291,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 5,173,000 | 5,209,000 | 5,237,000 | 5,183,000 |
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 | 384,000 | 770,000 | 1,117,000 | 1,428,000 |
| Interest expense | 112,000 | 204,000 | 274,000 | 327,000 |
| Net interest income | 272,000 | 566,000 | 843,000 | 1,101,000 |
| Noninterest income | 3,000 | 4,000 | 7,000 | 7,000 |
| Noninterest expense | 235,000 | 484,000 | 726,000 | 1,055,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 40,000 | 86,000 | 124,000 | 53,000 |
| Income tax | 9,000 | 20,000 | 29,000 | 12,000 |
| Net income | 31,000 | 66,000 | 95,000 | 41,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,173,000 | 5,209,000 | 5,237,000 | 5,183,000 |