Call reports 2020
ARROW BANK NATIONAL ASSOCIATION — 2020
What ARROW 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 | 2,639,917,000 | 2,825,566,000 | 2,979,182,000 | 2,869,840,000 |
| Total loans | 1,885,859,000 | 1,964,206,000 | 1,972,748,000 | 1,986,147,000 |
| Allowance for loan losses | 18,531,000 | 20,304,000 | 21,778,000 | 22,382,000 |
| Securities available for sale | 319,987,000 | 316,439,000 | 308,715,000 | 286,711,000 |
| Securities held to maturity | 211,850,000 | 207,236,000 | 198,260,000 | 192,033,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,210,757,000 | 2,396,278,000 | 2,566,084,000 | 2,512,589,000 |
| Interest-bearing deposits | 1,819,747,000 | 1,861,132,000 | 2,017,207,000 | 1,971,771,000 |
| Noninterest-bearing deposits | 391,010,000 | 535,146,000 | 548,877,000 | 540,818,000 |
| Equity capital | 256,282,000 | 261,172,000 | 266,062,000 | 268,724,000 |
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 | 22,316,000 | 44,042,000 | 64,969,000 | 86,610,000 |
| Interest expense | 3,807,000 | 5,955,000 | 7,512,000 | 8,766,000 |
| Net interest income | 18,509,000 | 38,087,000 | 57,457,000 | 77,844,000 |
| Noninterest income | 7,544,000 | 14,553,000 | 22,641,000 | 30,877,000 |
| Noninterest expense | 15,518,000 | 30,606,000 | 45,870,000 | 61,766,000 |
| Provision for loan losses | 1,910,000 | 3,989,000 | 5,557,000 | 6,557,000 |
| Pretax income | 8,625,000 | 18,045,000 | 28,671,000 | 40,363,000 |
| Income tax | 1,748,000 | 3,769,000 | 5,850,000 | 8,513,000 |
| Net income | 6,877,000 | 14,276,000 | 22,821,000 | 31,850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 239,664,000 | 242,690,000 | 247,761,000 | 251,419,000 |
| Total capital | — | 262,994,000 | 269,539,000 | 273,801,000 |
| Risk-weighted assets | — | 1,747,828,000 | 1,771,643,000 | 1,805,136,000 |