Call reports 2020
BANK OF BOTETOURT — 2020
What BANK OF BOTETOURT 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 | 513,053,000 | 576,704,000 | 586,724,000 | 597,794,000 |
| Total loans | 437,950,000 | 471,855,000 | 469,378,000 | 460,604,000 |
| Allowance for loan losses | 4,321,000 | 5,058,000 | 5,010,000 | 5,239,000 |
| Securities available for sale | 18,339,000 | 15,276,000 | 15,910,000 | 16,802,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 448,866,000 | 510,126,000 | 525,269,000 | 536,805,000 |
| Interest-bearing deposits | 400,149,000 | 440,534,000 | 454,180,000 | 470,840,000 |
| Noninterest-bearing deposits | 48,717,000 | 69,592,000 | 71,089,000 | 65,965,000 |
| Equity capital | 51,125,000 | 52,154,000 | 53,014,000 | 53,816,000 |
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 | 5,538,000 | 11,048,000 | 16,719,000 | 22,418,000 |
| Interest expense | 1,274,000 | 2,490,000 | 3,658,000 | 4,665,000 |
| Net interest income | 4,264,000 | 8,558,000 | 13,061,000 | 17,753,000 |
| Noninterest income | 1,023,000 | 1,908,000 | 2,868,000 | 3,802,000 |
| Noninterest expense | 3,542,000 | 6,459,000 | 10,182,000 | 13,843,000 |
| Provision for loan losses | 445,000 | 1,190,000 | 1,610,000 | 1,980,000 |
| Pretax income | 1,300,000 | 2,770,000 | 4,086,000 | 5,692,000 |
| Income tax | 262,000 | 560,000 | 781,000 | 1,061,000 |
| Net income | 1,038,000 | 2,210,000 | 3,305,000 | 4,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,991,000 | 52,921,000 | 53,771,000 | 54,845,000 |