Call reports 2020
MORRIS BANK — 2020
What MORRIS 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 | 1,020,171,000 | 1,124,707,000 | 1,165,416,000 | 1,248,320,000 |
| Total loans | 753,148,000 | 847,929,000 | 854,167,000 | 839,417,000 |
| Allowance for loan losses | 9,789,000 | 10,150,000 | 10,327,000 | 10,781,000 |
| Securities available for sale | 139,299,000 | 139,789,000 | 153,948,000 | 205,428,000 |
| Securities held to maturity | 4,743,000 | 9,984,000 | 12,804,000 | 12,731,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 894,212,000 | 989,651,000 | 1,013,138,000 | 1,091,308,000 |
| Interest-bearing deposits | 694,767,000 | 723,800,000 | 731,147,000 | 804,440,000 |
| Noninterest-bearing deposits | 199,444,000 | 265,851,000 | 281,991,000 | 286,868,000 |
| Equity capital | 121,229,000 | 127,246,000 | 145,386,000 | 149,468,000 |
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 | 13,005,000 | 27,473,000 | 40,992,000 | 54,847,000 |
| Interest expense | 1,839,000 | 3,222,000 | 4,229,000 | 5,037,000 |
| Net interest income | 11,166,000 | 24,251,000 | 36,763,000 | 49,810,000 |
| Noninterest income | 1,363,000 | 2,232,000 | 3,577,000 | 4,898,000 |
| Noninterest expense | 6,709,000 | 13,717,000 | 20,852,000 | 28,291,000 |
| Provision for loan losses | 435,000 | 2,435,000 | 2,885,000 | 3,635,000 |
| Pretax income | 5,385,000 | 10,331,000 | 16,634,000 | 22,828,000 |
| Income tax | 1,086,000 | 2,361,000 | 3,735,000 | 3,856,000 |
| Net income | 4,299,000 | 7,970,000 | 12,899,000 | 18,972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,962,000 | 110,721,000 | 127,738,000 | 131,397,000 |
| Total capital | 116,751,000 | 120,871,000 | — | 142,178,000 |
| Risk-weighted assets | 851,002,000 | 954,636,000 | — | 998,868,000 |