Call reports 2020
FORWARD BANK — 2020
What FORWARD 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 | 607,380,000 | 714,980,000 | 718,473,000 | 723,809,000 |
| Total loans | 456,412,000 | 516,654,000 | 524,383,000 | 528,503,000 |
| Allowance for loan losses | 4,411,000 | 4,521,000 | 4,711,000 | 4,673,000 |
| Securities available for sale | 66,573,000 | 116,169,000 | 112,245,000 | 110,869,000 |
| Securities held to maturity | 305,000 | 305,000 | 305,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 520,018,000 | 587,631,000 | 598,613,000 | 622,132,000 |
| Interest-bearing deposits | 408,637,000 | 429,985,000 | 437,147,000 | 451,756,000 |
| Noninterest-bearing deposits | 111,381,000 | 157,646,000 | 161,466,000 | 170,376,000 |
| Equity capital | 63,845,000 | 67,670,000 | 69,955,000 | 71,625,000 |
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 | 6,374,000 | 12,781,000 | 19,462,000 | 27,004,000 |
| Interest expense | 1,081,000 | 2,038,000 | 2,933,000 | 3,906,000 |
| Net interest income | 5,293,000 | 10,743,000 | 16,529,000 | 23,098,000 |
| Noninterest income | 1,245,000 | 3,955,000 | 6,637,000 | 10,137,000 |
| Noninterest expense | 4,942,000 | 9,672,000 | 15,458,000 | 23,419,000 |
| Provision for loan losses | 195,000 | 390,000 | 585,000 | 680,000 |
| Pretax income | 1,505,000 | 4,834,000 | 7,495,000 | 9,468,000 |
| Income tax | 351,000 | 1,186,000 | 1,829,000 | 2,290,000 |
| Net income | 1,154,000 | 3,648,000 | 5,666,000 | 7,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,372,000 | 51,658,000 | 53,737,000 | 54,328,000 |
| Total capital | 53,783,000 | 56,179,000 | 58,448,000 | 59,001,000 |
| Risk-weighted assets | 470,182,000 | 493,094,000 | 497,907,000 | 519,910,000 |
Machine access — free, no API key
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