Call reports 2020
MORGANTOWN BANK & TRUST COMPANY, INCORPORATED — 2020
What MORGANTOWN BANK & TRUST COMPANY, INCORPORATED 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 | 212,805,000 | 220,719,000 | 223,919,000 | 230,558,000 |
| Total loans | 153,643,000 | 168,393,000 | 172,811,000 | 167,153,000 |
| Allowance for loan losses | 1,223,000 | 1,428,000 | 1,365,000 | 1,340,000 |
| Securities available for sale | 16,386,000 | 16,400,000 | 16,169,000 | 16,049,000 |
| Securities held to maturity | 15,970,000 | 15,444,000 | 15,078,000 | 16,646,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,327,000 | 188,197,000 | 190,720,000 | 198,103,000 |
| Interest-bearing deposits | 150,497,000 | 154,541,000 | 156,651,000 | 161,895,000 |
| Noninterest-bearing deposits | 29,830,000 | 33,656,000 | 34,069,000 | 36,208,000 |
| Equity capital | 18,434,000 | 18,782,000 | 18,998,000 | 19,165,000 |
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 | 2,273,000 | 4,826,000 | 7,026,000 | 9,228,000 |
| Interest expense | 580,000 | 1,088,000 | 1,559,000 | 1,995,000 |
| Net interest income | 1,693,000 | 3,738,000 | 5,467,000 | 7,233,000 |
| Noninterest income | 319,000 | 602,000 | 952,000 | 1,443,000 |
| Noninterest expense | 1,719,000 | 3,340,000 | 5,056,000 | 6,739,000 |
| Provision for loan losses | 0 | 200,000 | 200,000 | 200,000 |
| Pretax income | 293,000 | 800,000 | 1,163,000 | 1,737,000 |
| Income tax | 48,000 | 145,000 | 198,000 | 282,000 |
| Net income | 245,000 | 655,000 | 965,000 | 1,455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,364,000 | 18,713,000 | 18,965,000 | 19,120,000 |
| Total capital | 19,587,000 | — | — | — |
| Risk-weighted assets | 134,072,000 | — | — | — |