Call reports 2020
BANK OF ELGIN — 2020
What BANK OF ELGIN 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 | 57,546,000 | 62,303,000 | 63,168,000 | 64,100,000 |
| Total loans | 47,012,000 | 49,085,000 | 46,198,000 | 45,966,000 |
| Allowance for loan losses | 656,000 | 656,000 | 657,000 | 658,000 |
| Securities available for sale | 2,399,000 | 2,126,000 | 2,590,000 | 2,543,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,236,000 | 49,682,000 | 50,051,000 | 53,824,000 |
| Interest-bearing deposits | 32,338,000 | 33,282,000 | 34,525,000 | 35,672,000 |
| Noninterest-bearing deposits | 15,898,000 | 16,400,000 | 15,526,000 | 18,152,000 |
| Equity capital | 8,497,000 | 8,921,000 | 9,300,000 | 9,528,000 |
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 | 639,000 | 1,265,000 | 1,875,000 | 2,406,000 |
| Interest expense | 47,000 | 88,000 | 128,000 | 167,000 |
| Net interest income | 592,000 | 1,177,000 | 1,747,000 | 2,239,000 |
| Noninterest income | 55,000 | 161,000 | 286,000 | 392,000 |
| Noninterest expense | 327,000 | 653,000 | 975,000 | 1,345,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 320,000 | 685,000 | 1,058,000 | 1,286,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 320,000 | 685,000 | 1,058,000 | 1,286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,946,000 | 8,310,000 | 8,685,000 | 8,913,000 |