Call reports 2020
UNITED CUMBERLAND BANK — 2020
What UNITED CUMBERLAND 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 | 310,021,000 | 328,906,000 | 328,351,000 | 344,800,000 |
| Total loans | 202,998,000 | 207,975,000 | 210,769,000 | 203,842,000 |
| Allowance for loan losses | 2,933,000 | 2,992,000 | 3,146,000 | 3,149,000 |
| Securities available for sale | 59,425,000 | 59,524,000 | 62,596,000 | 67,825,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,232,000 | 273,030,000 | 272,441,000 | 289,592,000 |
| Interest-bearing deposits | 190,727,000 | 199,955,000 | 200,273,000 | 211,417,000 |
| Noninterest-bearing deposits | 62,505,000 | 73,075,000 | 72,168,000 | 78,175,000 |
| Equity capital | 40,964,000 | 41,676,000 | 41,902,000 | 42,095,000 |
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 | 3,720,000 | 7,178,000 | 10,645,000 | 14,105,000 |
| Interest expense | 540,000 | 1,061,000 | 1,525,000 | 1,929,000 |
| Net interest income | 3,180,000 | 6,117,000 | 9,120,000 | 12,176,000 |
| Noninterest income | 992,000 | 1,656,000 | 2,441,000 | 3,287,000 |
| Noninterest expense | 2,385,000 | 4,699,000 | 7,271,000 | 9,810,000 |
| Provision for loan losses | 75,000 | 225,000 | 375,000 | 625,000 |
| Pretax income | 1,712,000 | 2,849,000 | 3,915,000 | 5,028,000 |
| Income tax | 44,000 | 80,000 | 117,000 | 153,000 |
| Net income | 1,668,000 | 2,769,000 | 3,798,000 | 4,875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,718,000 | 40,969,000 | 41,148,000 | 41,375,000 |