Call reports 2020
SMARTBIZ BANK, N.A. — 2020
What SMARTBIZ BANK, N.A. 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 | 142,173,000 | 166,031,000 | 164,444,000 | 166,745,000 |
| Total loans | 101,511,000 | 120,370,000 | 124,598,000 | 114,898,000 |
| Allowance for loan losses | 1,766,000 | 1,812,000 | 2,087,000 | 1,658,000 |
| Securities available for sale | 13,589,000 | 15,861,000 | 14,369,000 | 15,971,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,568,000 | 126,246,000 | 125,614,000 | 129,190,000 |
| Interest-bearing deposits | 105,485,000 | 99,846,000 | 100,434,000 | 99,731,000 |
| Noninterest-bearing deposits | 14,083,000 | 26,400,000 | 25,180,000 | 29,459,000 |
| Equity capital | 17,290,000 | 17,782,000 | 18,424,000 | 18,628,000 |
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 | 1,686,000 | 3,576,000 | 5,218,000 | 7,064,000 |
| Interest expense | 517,000 | 948,000 | 1,264,000 | 1,500,000 |
| Net interest income | 1,169,000 | 2,628,000 | 3,954,000 | 5,564,000 |
| Noninterest income | 417,000 | 794,000 | 1,823,000 | 2,098,000 |
| Noninterest expense | 1,243,000 | 2,374,000 | 3,590,000 | 5,105,000 |
| Provision for loan losses | 63,000 | 108,000 | 383,000 | 382,000 |
| Pretax income | 280,000 | 940,000 | 1,804,000 | 2,175,000 |
| Income tax | 90,000 | 268,000 | 514,000 | 649,000 |
| Net income | 190,000 | 672,000 | 1,290,000 | 1,526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,630,000 | 13,291,000 | 14,155,000 | 14,525,000 |
| Total capital | 13,987,000 | 14,630,000 | 15,527,000 | 15,854,000 |
| Risk-weighted assets | 108,180,000 | 106,666,000 | 109,091,000 | 105,990,000 |