Call reports 2020
FIRST PACIFIC BANK — 2020
What FIRST PACIFIC 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 | 162,396,000 | 235,037,000 | 236,335,000 | 204,362,000 |
| Total loans | 99,620,000 | 140,643,000 | 139,887,000 | 123,230,000 |
| Allowance for loan losses | 1,332,000 | 1,464,000 | 1,464,000 | 1,464,000 |
| Securities available for sale | 29,543,000 | 26,355,000 | 22,770,000 | 20,070,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,781,000 | 158,978,000 | 159,589,000 | 161,530,000 |
| Interest-bearing deposits | 66,097,000 | 79,751,000 | 83,708,000 | 82,533,000 |
| Noninterest-bearing deposits | 51,684,000 | 79,227,000 | 75,881,000 | 78,997,000 |
| Equity capital | 19,876,000 | 19,913,000 | 20,062,000 | 20,434,000 |
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 | 1,423,000 | 2,824,000 | 4,330,000 | 6,167,000 |
| Interest expense | 178,000 | 373,000 | 576,000 | 736,000 |
| Net interest income | 1,245,000 | 2,451,000 | 3,754,000 | 5,431,000 |
| Noninterest income | 137,000 | 328,000 | 441,000 | 605,000 |
| Noninterest expense | 1,159,000 | 2,058,000 | 3,193,000 | 4,477,000 |
| Provision for loan losses | 0 | 150,000 | 150,000 | 150,000 |
| Pretax income | 223,000 | 571,000 | 852,000 | 1,409,000 |
| Income tax | 59,000 | 183,000 | 230,000 | 387,000 |
| Net income | 164,000 | 388,000 | 622,000 | 1,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,837,000 | 19,112,000 | 19,366,000 | 19,785,000 |
| Total capital | 20,213,000 | 20,373,000 | 20,661,000 | 21,103,000 |
| Risk-weighted assets | 111,255,000 | 104,255,000 | 103,458,000 | 105,263,000 |