Call reports 2020
HAPPEN BANK, NATIONAL ASSOCIATION — 2020
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 1,436,396,000 | 2,223,599,000 | 2,186,558,000 | 2,384,977,000 |
| Total loans | 1,102,661,000 | 1,695,663,000 | 1,791,643,000 | 1,654,878,000 |
| Allowance for loan losses | 9,484,000 | 11,775,000 | 12,803,000 | 13,174,000 |
| Securities available for sale | 244,867,000 | 251,246,000 | 266,478,000 | 261,665,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,189,213,000 | 1,450,258,000 | 1,431,046,000 | 1,728,272,000 |
| Interest-bearing deposits | 1,128,522,000 | 1,362,814,000 | 1,327,868,000 | 1,641,340,000 |
| Noninterest-bearing deposits | 60,691,000 | 87,444,000 | 103,178,000 | 86,931,000 |
| Equity capital | 123,205,000 | 127,352,000 | 130,277,000 | 132,983,000 |
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 | 14,171,000 | 30,089,000 | 46,644,000 | 67,918,000 |
| Interest expense | 3,692,000 | 5,978,000 | 8,210,000 | 10,103,000 |
| Net interest income | 10,479,000 | 24,111,000 | 38,434,000 | 57,815,000 |
| Noninterest income | 2,652,000 | 5,969,000 | 11,231,000 | 14,649,000 |
| Noninterest expense | 11,453,000 | 24,282,000 | 38,037,000 | 53,040,000 |
| Provision for loan losses | 1,477,000 | 3,954,000 | 6,271,000 | 11,321,000 |
| Pretax income | 201,000 | 1,844,000 | 5,359,000 | 8,380,000 |
| Income tax | -96,000 | 204,000 | 1,099,000 | 1,618,000 |
| Net income | 297,000 | 1,640,000 | 4,260,000 | 6,762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,993,000 | 121,437,000 | 124,163,000 | 126,797,000 |
| Total capital | 129,493,000 | 133,231,000 | 136,985,000 | 139,991,000 |
| Risk-weighted assets | 1,123,526,000 | 1,109,976,000 | 1,133,331,000 | 1,152,948,000 |