Call reports 2020
QUOIN FINANCIAL BANK — 2020
What QUOIN FINANCIAL 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 | 175,142,000 | 186,225,000 | 186,021,000 | 199,636,000 |
| Total loans | 133,258,000 | 135,823,000 | 137,043,000 | 129,996,000 |
| Allowance for loan losses | 1,875,000 | 1,875,000 | 1,853,000 | 1,955,000 |
| Securities available for sale | 22,389,000 | 21,926,000 | 24,285,000 | 24,734,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,441,000 | 156,365,000 | 155,539,000 | 169,513,000 |
| Interest-bearing deposits | 119,946,000 | 126,524,000 | 125,167,000 | 133,422,000 |
| Noninterest-bearing deposits | 24,495,000 | 29,841,000 | 30,372,000 | 36,091,000 |
| Equity capital | 21,315,000 | 22,658,000 | 23,333,000 | 22,353,000 |
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 | 2,328,000 | 4,898,000 | 7,085,000 | 9,175,000 |
| Interest expense | 490,000 | 955,000 | 1,372,000 | 1,728,000 |
| Net interest income | 1,838,000 | 3,943,000 | 5,713,000 | 7,447,000 |
| Noninterest income | 358,000 | 664,000 | 1,012,000 | 1,425,000 |
| Noninterest expense | 1,103,000 | 2,226,000 | 3,443,000 | 5,408,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 1,093,000 | 2,381,000 | 3,285,000 | 3,365,000 |
| Income tax | 264,000 | 564,000 | 773,000 | 780,000 |
| Net income | 829,000 | 1,817,000 | 2,512,000 | 2,585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,205,000 | 22,193,000 | 22,888,000 | 21,910,000 |
| Total capital | 22,949,000 | — | 24,554,000 | — |
| Risk-weighted assets | 139,448,000 | — | 133,123,000 | — |