Call reports 2020
SAVERS CO-OPERATIVE BANK — 2020
What SAVERS CO-OPERATIVE 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 | 602,879,000 | 639,935,000 | 653,390,000 | 651,519,000 |
| Total loans | 492,623,000 | 502,330,000 | 506,703,000 | 486,315,000 |
| Allowance for loan losses | 4,379,000 | 4,537,000 | 4,719,000 | 4,855,000 |
| Securities available for sale | 53,564,000 | 51,292,000 | 50,883,000 | 49,733,000 |
| Securities held to maturity | 1,692,000 | 1,453,000 | 1,269,000 | 1,126,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 446,968,000 | 487,153,000 | 500,238,000 | 499,735,000 |
| Interest-bearing deposits | 393,455,000 | 408,130,000 | 419,510,000 | 420,919,000 |
| Noninterest-bearing deposits | 53,513,000 | 79,023,000 | 80,728,000 | 78,816,000 |
| Equity capital | 66,178,000 | 67,708,000 | 68,805,000 | 69,760,000 |
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 | 5,950,000 | 11,514,000 | 17,036,000 | 22,416,000 |
| Interest expense | 1,419,000 | 2,748,000 | 3,888,000 | 4,841,000 |
| Net interest income | 4,531,000 | 8,766,000 | 13,148,000 | 17,575,000 |
| Noninterest income | 695,000 | 1,634,000 | 2,636,000 | 3,731,000 |
| Noninterest expense | 3,927,000 | 7,938,000 | 11,689,000 | 15,740,000 |
| Provision for loan losses | 30,000 | 210,000 | 390,000 | 570,000 |
| Pretax income | 1,271,000 | 2,250,000 | 3,702,000 | 4,995,000 |
| Income tax | 301,000 | 521,000 | 874,000 | 1,186,000 |
| Net income | 970,000 | 1,729,000 | 2,828,000 | 3,809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,737,000 | 66,497,000 | 67,595,000 | 68,576,000 |