Call reports 2020
FUSION BANK — 2020
What FUSION 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 | 166,958,000 | 180,292,000 | 179,423,000 | 185,855,000 |
| Total loans | 93,544,000 | 95,288,000 | 94,594,000 | 90,185,000 |
| Allowance for loan losses | 1,731,000 | 1,839,000 | 1,844,000 | 1,828,000 |
| Securities available for sale | 43,854,000 | 50,077,000 | 50,813,000 | 59,160,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,400,000 | 130,699,000 | 131,195,000 | 141,829,000 |
| Interest-bearing deposits | 94,008,000 | 97,584,000 | 98,404,000 | 104,604,000 |
| Noninterest-bearing deposits | 30,392,000 | 33,115,000 | 32,791,000 | 37,225,000 |
| Equity capital | 21,913,000 | 23,449,000 | 23,901,000 | 24,005,000 |
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 | 1,622,000 | 3,390,000 | 4,957,000 | 6,296,000 |
| Interest expense | 245,000 | 481,000 | 676,000 | 853,000 |
| Net interest income | 1,377,000 | 2,909,000 | 4,281,000 | 5,443,000 |
| Noninterest income | 142,000 | 255,000 | 360,000 | 492,000 |
| Noninterest expense | 859,000 | 1,738,000 | 2,577,000 | 3,467,000 |
| Provision for loan losses | 0 | 109,000 | 109,000 | 109,000 |
| Pretax income | 660,000 | 1,317,000 | 2,042,000 | 2,439,000 |
| Income tax | 26,000 | 54,000 | 86,000 | 104,000 |
| Net income | 634,000 | 1,263,000 | 1,956,000 | 2,335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,375,000 | 22,679,000 | 23,041,000 | 23,101,000 |