Call reports 2020
CARTER BANK & TRUST — 2020
What CARTER BANK & TRUST 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 | 4,001,863,000 | 4,151,733,000 | 4,134,125,000 | 4,179,197,000 |
| Total loans | 2,969,588,000 | 2,966,689,000 | 3,018,025,000 | 2,982,442,000 |
| Allowance for loan losses | 42,942,000 | 47,405,000 | 49,965,000 | 54,074,000 |
| Securities available for sale | 729,973,000 | 749,029,000 | 777,986,000 | 778,679,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,856,000 | 3,352,000 | 4,764,000 | 4,493,000 |
| Total deposits | 3,472,995,000 | 3,606,707,000 | 3,613,795,000 | 3,685,267,000 |
| Interest-bearing deposits | 2,915,484,000 | 2,944,068,000 | 2,947,982,000 | 2,975,893,000 |
| Noninterest-bearing deposits | 557,511,000 | 662,639,000 | 665,813,000 | 709,374,000 |
| Equity capital | 474,821,000 | 489,059,000 | 434,807,000 | 439,553,000 |
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 | 37,836,000 | 73,453,000 | 107,439,000 | 140,941,000 |
| Interest expense | 10,572,000 | 19,927,000 | 28,477,000 | 35,826,000 |
| Net interest income | 27,264,000 | 53,526,000 | 78,962,000 | 105,115,000 |
| Noninterest income | 5,537,000 | 9,358,000 | 13,623,000 | 18,543,000 |
| Noninterest expense | 24,547,000 | 47,511,000 | 133,489,000 | 157,027,000 |
| Provision for loan losses | 4,798,000 | 10,271,000 | 13,185,000 | 18,006,000 |
| Pretax income | 4,670,000 | 8,637,000 | -48,166,000 | -44,493,000 |
| Income tax | 247,000 | -241,000 | 634,000 | 771,000 |
| Net income | 4,423,000 | 8,878,000 | -48,800,000 | -45,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 411,878,000 | 416,556,000 | 421,300,000 | 423,832,000 |
| Total capital | 451,439,000 | 455,760,000 | 461,701,000 | 464,578,000 |
| Risk-weighted assets | 3,160,127,000 | 3,127,154,000 | 3,221,865,000 | 3,246,172,000 |