Call reports 2020
MITCHELL BANK — 2020
What MITCHELL 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 |
|---|---|---|---|
| Total assets | 48,951,000 | 53,358,000 | 57,405,000 |
| Total loans | 14,857,000 | 17,218,000 | 16,944,000 |
| Allowance for loan losses | 205,000 | 190,000 | 188,000 |
| Securities available for sale | 1,003,000 | 3,000 | 3,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 40,337,000 | 44,716,000 | 48,754,000 |
| Interest-bearing deposits | 27,112,000 | 25,315,000 | 26,170,000 |
| Noninterest-bearing deposits | 13,225,000 | 19,401,000 | 22,584,000 |
| Equity capital | 8,575,000 | 8,606,000 | 8,616,000 |
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 |
|---|---|---|---|
| Interest income | 344,000 | 733,000 | 1,057,000 |
| Interest expense | 12,000 | 16,000 | 19,000 |
| Net interest income | 332,000 | 717,000 | 1,038,000 |
| Noninterest income | 51,000 | 101,000 | 158,000 |
| Noninterest expense | 385,000 | 780,000 | 1,144,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | -2,000 | 38,000 | 52,000 |
| Income tax | 0 | 11,000 | 15,000 |
| Net income | -2,000 | 27,000 | 37,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Tier 1 capital | 8,315,000 | 8,345,000 | 8,355,000 |
| Total capital | 8,511,000 | 8,521,000 | 8,527,000 |
| Risk-weighted assets | 15,709,000 | 14,089,000 | 13,744,000 |