Call reports 2020
FAIRFIELD COUNTY BANK — 2020
What FAIRFIELD COUNTY 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 | 1,562,206,000 | 1,758,564,000 | 1,731,995,000 | 1,717,248,000 |
| Total loans | 1,137,528,000 | 1,326,659,000 | 1,307,746,000 | 1,275,886,000 |
| Allowance for loan losses | 11,643,000 | 12,916,000 | 15,442,000 | 15,424,000 |
| Securities available for sale | 286,407,000 | 241,560,000 | 240,361,000 | 266,818,000 |
| Securities held to maturity | 2,037,000 | 2,020,000 | 1,994,000 | 1,973,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,176,182,000 | 1,394,673,000 | 1,375,411,000 | 1,371,729,000 |
| Interest-bearing deposits | 916,377,000 | 1,010,650,000 | 1,009,397,000 | 1,005,447,000 |
| Noninterest-bearing deposits | 259,805,000 | 384,023,000 | 366,014,000 | 366,282,000 |
| Equity capital | 222,610,000 | 224,394,000 | 226,002,000 | 229,540,000 |
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 | 14,985,000 | 30,409,000 | 45,545,000 | 61,047,000 |
| Interest expense | 2,017,000 | 3,056,000 | 3,806,000 | 4,490,000 |
| Net interest income | 12,968,000 | 27,353,000 | 41,739,000 | 56,557,000 |
| Noninterest income | 4,534,000 | 8,611,000 | 13,412,000 | 19,095,000 |
| Noninterest expense | 13,861,000 | 27,777,000 | 40,835,000 | 55,494,000 |
| Provision for loan losses | 750,000 | 1,817,000 | 4,383,000 | 4,383,000 |
| Pretax income | 3,369,000 | 6,965,000 | 10,528,000 | 16,370,000 |
| Income tax | 747,000 | 1,576,000 | 2,366,000 | 3,546,000 |
| Net income | 2,622,000 | 5,389,000 | 8,162,000 | 12,824,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 209,033,000 | 211,832,000 | 214,637,000 | 220,844,000 |