Call reports 2020
NEW FOUNDATION SAVINGS BANK — 2020
What NEW FOUNDATION SAVINGS 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 | 20,022,000 | 24,621,000 | 29,695,000 | 26,821,000 |
| Total loans | 16,366,000 | 21,425,000 | 24,899,000 | 22,727,000 |
| Allowance for loan losses | 71,000 | 77,000 | 76,000 | 77,000 |
| Securities available for sale | 321,000 | 303,000 | 282,000 | 252,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,601,000 | 15,102,000 | 16,207,000 | 16,693,000 |
| Interest-bearing deposits | 12,733,000 | 13,863,000 | 14,632,000 | 15,377,000 |
| Noninterest-bearing deposits | 868,000 | 1,239,000 | 1,575,000 | 1,316,000 |
| Equity capital | 2,155,000 | 2,190,000 | 2,292,000 | 2,381,000 |
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 | 198,000 | 443,000 | 703,000 | 978,000 |
| Interest expense | 52,000 | 133,000 | 238,000 | 337,000 |
| Net interest income | 146,000 | 310,000 | 465,000 | 641,000 |
| Noninterest income | 330,000 | 1,086,000 | 2,324,000 | 3,467,000 |
| Noninterest expense | 540,000 | 1,323,000 | 2,338,000 | 3,296,000 |
| Provision for loan losses | 0 | 5,000 | 5,000 | 5,000 |
| Pretax income | -64,000 | 68,000 | 446,000 | 807,000 |
| Income tax | -8,000 | 0 | 26,000 | 49,000 |
| Net income | -28,000 | 3,000 | 107,000 | 197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,146,000 | 2,177,000 | 2,280,000 | 2,371,000 |