Call reports 2020
VISIONBANK — 2020
What VISIONBANK 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 | 114,289,000 | 168,374,000 | 169,835,000 | 169,630,000 |
| Total loans | 96,936,000 | 151,302,000 | 162,764,000 | 163,535,000 |
| Allowance for loan losses | 1,062,000 | 1,280,000 | 1,456,000 | 1,494,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,726,000 | 123,222,000 | 112,533,000 | 113,280,000 |
| Interest-bearing deposits | 85,667,000 | 96,442,000 | 92,704,000 | 96,763,000 |
| Noninterest-bearing deposits | 16,059,000 | 26,780,000 | 19,829,000 | 16,517,000 |
| Equity capital | 10,255,000 | 11,342,000 | 11,494,000 | 11,492,000 |
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 | 1,433,000 | 4,617,000 | 6,399,000 | 7,180,000 |
| Interest expense | 395,000 | 818,000 | 1,254,000 | 1,660,000 |
| Net interest income | 1,038,000 | 3,799,000 | 5,145,000 | 5,520,000 |
| Noninterest income | 11,000 | 22,000 | 29,000 | 41,000 |
| Noninterest expense | 551,000 | 1,062,000 | 1,701,000 | 2,419,000 |
| Provision for loan losses | 106,000 | 324,000 | 500,000 | 588,000 |
| Pretax income | 392,000 | 2,435,000 | 2,973,000 | 2,554,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 392,000 | 2,435,000 | 2,973,000 | 2,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,255,000 | 11,342,000 | 11,494,000 | 11,492,000 |
| Total capital | 11,316,000 | 12,490,000 | 12,766,000 | 12,804,000 |
| Risk-weighted assets | 84,957,000 | 91,726,000 | 101,614,000 | 104,847,000 |