Call reports 2020
UNITY BANK — 2020
What UNITY 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 | 1,733,549,000 | 1,894,008,000 | 1,924,412,000 | 1,951,990,000 |
| Total loans | 1,441,925,000 | 1,594,764,000 | 1,615,524,000 | 1,630,026,000 |
| Allowance for loan losses | 17,376,000 | 20,234,000 | 22,237,000 | 23,105,000 |
| Securities available for sale | 56,290,000 | 53,102,000 | 48,713,000 | 45,617,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,380,189,000 | 1,484,459,000 | 1,494,283,000 | 1,558,283,000 |
| Interest-bearing deposits | 1,045,226,000 | 1,054,434,000 | 1,080,991,000 | 1,098,464,000 |
| Noninterest-bearing deposits | 334,963,000 | 430,025,000 | 413,292,000 | 459,819,000 |
| Equity capital | 167,267,000 | 169,718,000 | 172,829,000 | 178,137,000 |
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 | 19,830,000 | 39,340,000 | 59,375,000 | 80,071,000 |
| Interest expense | 4,254,000 | 7,920,000 | 11,270,000 | 14,133,000 |
| Net interest income | 15,576,000 | 31,420,000 | 48,105,000 | 65,938,000 |
| Noninterest income | 2,456,000 | 4,948,000 | 8,101,000 | 11,718,000 |
| Noninterest expense | 9,659,000 | 19,141,000 | 29,325,000 | 40,412,000 |
| Provision for loan losses | 1,500,000 | 4,000,000 | 6,000,000 | 7,000,000 |
| Pretax income | 7,183,000 | 13,549,000 | 21,218,000 | 30,578,000 |
| Income tax | 1,693,000 | 3,167,000 | 5,035,000 | 7,487,000 |
| Net income | 5,490,000 | 10,382,000 | 16,183,000 | 23,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,771,000 | 168,225,000 | 171,868,000 | 177,093,000 |