Call reports 2020
ASCEND BANK — 2020
What ASCEND 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 | 840,397,000 | 937,165,000 | 944,435,000 | 970,977,000 |
| Total loans | 651,956,000 | 684,208,000 | 695,673,000 | 694,106,000 |
| Allowance for loan losses | 6,640,000 | 7,094,000 | 7,513,000 | 7,774,000 |
| Securities available for sale | 89,849,000 | 116,048,000 | 124,845,000 | 148,707,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 635,069,000 | 771,625,000 | 775,978,000 | 798,539,000 |
| Interest-bearing deposits | 570,943,000 | 691,354,000 | 692,191,000 | 716,543,000 |
| Noninterest-bearing deposits | 64,126,000 | 80,271,000 | 83,787,000 | 81,996,000 |
| Equity capital | 99,092,000 | 102,627,000 | 105,151,000 | 107,541,000 |
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 | 7,830,000 | 15,600,000 | 23,190,000 | 31,287,000 |
| Interest expense | 1,580,000 | 2,682,000 | 3,843,000 | 4,934,000 |
| Net interest income | 6,250,000 | 12,918,000 | 19,347,000 | 26,353,000 |
| Noninterest income | 1,233,000 | 2,492,000 | 3,489,000 | 4,764,000 |
| Noninterest expense | 5,693,000 | 10,802,000 | 15,898,000 | 22,035,000 |
| Provision for loan losses | 576,000 | 1,030,000 | 1,448,000 | 1,709,000 |
| Pretax income | -1,364,000 | 2,051,000 | 4,877,000 | 7,626,000 |
| Income tax | -230,000 | 360,000 | 911,000 | 1,383,000 |
| Net income | -1,134,000 | 1,691,000 | 3,966,000 | 6,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,636,000 | 102,941,000 | 105,233,000 | 105,304,000 |