Call reports 2020
CELTIC BANK CORPORATION — 2020
What CELTIC BANK CORPORATION 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 | 1,189,347,000 | 4,222,526,000 | 4,286,139,000 | 4,218,429,000 |
| Total loans | 778,966,000 | 3,739,812,000 | 3,853,990,000 | 3,777,889,000 |
| Allowance for loan losses | 17,562,000 | 35,629,000 | 39,766,000 | 42,667,000 |
| Securities available for sale | 5,867,000 | 5,867,000 | 5,625,000 | 5,623,000 |
| Securities held to maturity | 38,000 | 11,536,000 | 27,910,000 | 104,648,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 782,339,000 | 1,049,987,000 | 969,079,000 | 959,067,000 |
| Interest-bearing deposits | 720,707,000 | 886,089,000 | 877,385,000 | 885,547,000 |
| Noninterest-bearing deposits | 61,632,000 | 163,897,000 | 91,695,000 | 73,520,000 |
| Equity capital | 200,368,000 | 241,649,000 | 254,143,000 | 271,240,000 |
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 | 19,329,000 | 36,432,000 | 59,358,000 | 84,827,000 |
| Interest expense | 3,976,000 | 9,589,000 | 16,544,000 | 23,251,000 |
| Net interest income | 15,353,000 | 26,843,000 | 42,814,000 | 61,576,000 |
| Noninterest income | 17,439,000 | 99,616,000 | 119,268,000 | 148,678,000 |
| Noninterest expense | 15,043,000 | 35,385,000 | 50,577,000 | 68,568,000 |
| Provision for loan losses | 7,051,000 | 25,395,000 | 29,558,000 | 33,061,000 |
| Pretax income | 10,698,000 | 65,679,000 | 81,947,000 | 108,625,000 |
| Income tax | 2,642,000 | 16,342,000 | 20,117,000 | 27,697,000 |
| Net income | 8,056,000 | 49,337,000 | 61,830,000 | 80,928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 196,103,000 | 237,384,000 | 249,878,000 | 266,294,000 |