Call reports 2020
BURLING BANK — 2020
What BURLING 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 | 145,764,000 | 144,870,000 | 147,022,000 | 197,823,000 |
| Total loans | 98,247,000 | 106,238,000 | 111,710,000 | 118,856,000 |
| Allowance for loan losses | 1,326,000 | 1,431,000 | 1,536,000 | 1,641,000 |
| Securities available for sale | 26,126,000 | 30,111,000 | 29,926,000 | 31,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,571,000 | 123,317,000 | 120,827,000 | 175,074,000 |
| Interest-bearing deposits | 66,148,000 | 56,241,000 | 54,400,000 | 71,927,000 |
| Noninterest-bearing deposits | 63,423,000 | 67,076,000 | 66,427,000 | 103,147,000 |
| Equity capital | 15,731,000 | 16,987,000 | 17,513,000 | 18,169,000 |
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 | 1,533,000 | 2,978,000 | 4,448,000 | 6,222,000 |
| Interest expense | 191,000 | 247,000 | 285,000 | 319,000 |
| Net interest income | 1,342,000 | 2,731,000 | 4,163,000 | 5,903,000 |
| Noninterest income | 179,000 | 304,000 | 468,000 | 683,000 |
| Noninterest expense | 990,000 | 2,017,000 | 3,081,000 | 4,239,000 |
| Provision for loan losses | 65,000 | 170,000 | 275,000 | 380,000 |
| Pretax income | 470,000 | 855,000 | 1,289,000 | 1,985,000 |
| Income tax | 0 | 0 | 17,000 | 25,000 |
| Net income | 470,000 | 855,000 | 1,272,000 | 1,960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,908,000 | 16,306,000 | 16,723,000 | 17,411,000 |