Call reports 2020
SPECTRA BANK — 2020
What SPECTRA 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 | 62,945,000 | 84,783,000 | 91,728,000 | 91,050,000 |
| Total loans | 47,207,000 | 51,623,000 | 47,144,000 | 42,572,000 |
| Allowance for loan losses | 1,586,000 | 903,000 | 952,000 | 905,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,969,000 | 990,000 | 991,000 | 992,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,430,000 | 71,271,000 | 78,286,000 | 80,530,000 |
| Interest-bearing deposits | 31,019,000 | 32,971,000 | 38,535,000 | 45,821,000 |
| Noninterest-bearing deposits | 25,411,000 | 38,300,000 | 39,751,000 | 34,709,000 |
| Equity capital | 5,776,000 | 4,936,000 | 4,859,000 | 4,538,000 |
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 | 782,000 | 1,493,000 | 2,125,000 | 2,720,000 |
| Interest expense | 118,000 | 245,000 | 366,000 | 510,000 |
| Net interest income | 664,000 | 1,248,000 | 1,759,000 | 2,210,000 |
| Noninterest income | 399,000 | 956,000 | 1,299,000 | 1,601,000 |
| Noninterest expense | 1,095,000 | 2,076,000 | 3,007,000 | 3,981,000 |
| Provision for loan losses | 100,000 | 1,100,000 | 1,100,000 | 1,200,000 |
| Pretax income | -132,000 | -972,000 | -1,049,000 | -1,370,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -132,000 | -972,000 | -1,049,000 | -1,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,686,000 | 4,850,000 | 4,780,000 | 4,465,000 |
| Total capital | 6,334,000 | 5,483,000 | 5,360,000 | 5,116,000 |
| Risk-weighted assets | 50,902,000 | 50,420,000 | 46,083,000 | 51,880,000 |