Call reports 2020
EDGEWATER BANK — 2020
What EDGEWATER 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 | 187,909,000 | 228,538,000 | 249,472,000 | 221,708,000 |
| Total loans | 155,769,000 | 169,397,000 | 185,704,000 | 168,714,000 |
| Allowance for loan losses | 1,648,000 | 1,706,000 | 1,813,000 | 1,921,000 |
| Securities available for sale | 7,908,000 | 6,694,000 | 6,133,000 | 5,824,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,979,000 | 176,485,000 | 196,468,000 | 195,442,000 |
| Interest-bearing deposits | 130,729,000 | 141,532,000 | 163,505,000 | 163,597,000 |
| Noninterest-bearing deposits | 23,250,000 | 34,953,000 | 32,963,000 | 31,845,000 |
| Equity capital | 18,598,000 | 19,110,000 | 19,684,000 | 20,212,000 |
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 | 2,082,000 | 4,347,000 | 6,531,000 | 9,009,000 |
| Interest expense | 424,000 | 801,000 | 1,141,000 | 1,488,000 |
| Net interest income | 1,658,000 | 3,546,000 | 5,390,000 | 7,521,000 |
| Noninterest income | 252,000 | 775,000 | 1,387,000 | 2,167,000 |
| Noninterest expense | 1,466,000 | 3,228,000 | 4,823,000 | 6,918,000 |
| Provision for loan losses | 30,000 | 85,000 | 190,000 | 295,000 |
| Pretax income | 414,000 | 1,008,000 | 1,780,000 | 2,491,000 |
| Income tax | 92,000 | 221,000 | 389,000 | 551,000 |
| Net income | 322,000 | 787,000 | 1,391,000 | 1,940,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,744,000 | 17,205,000 | 18,373,000 | 18,922,000 |
| Total capital | 18,392,000 | 18,791,000 | 20,186,000 | 20,815,000 |
| Risk-weighted assets | 137,783,000 | 126,762,000 | 147,725,000 | 151,429,000 |