Call reports 2020
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2020
What ARMED FORCES 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 | 1,105,574,000 | 1,171,470,000 | 1,167,777,000 | 1,175,666,000 |
| Total loans | 699,549,000 | 665,405,000 | 667,091,000 | 582,614,000 |
| Allowance for loan losses | 11,354,000 | 12,812,000 | 14,162,000 | 14,313,000 |
| Securities available for sale | 194,317,000 | 176,669,000 | 209,494,000 | 251,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 908,887,000 | 972,361,000 | 977,497,000 | 987,946,000 |
| Interest-bearing deposits | 644,443,000 | 677,590,000 | 673,791,000 | 678,483,000 |
| Noninterest-bearing deposits | 264,444,000 | 294,771,000 | 303,706,000 | 309,463,000 |
| Equity capital | 190,380,000 | 190,902,000 | 182,331,000 | 184,799,000 |
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 | 9,582,000 | 17,986,000 | 26,297,000 | 34,291,000 |
| Interest expense | 783,000 | 1,483,000 | 2,102,000 | 2,629,000 |
| Net interest income | 8,799,000 | 16,503,000 | 24,195,000 | 31,662,000 |
| Noninterest income | 10,720,000 | 19,796,000 | 30,520,000 | 42,223,000 |
| Noninterest expense | 14,292,000 | 28,233,000 | 42,343,000 | 57,990,000 |
| Provision for loan losses | 1,400,000 | 2,900,000 | 4,400,000 | 4,800,000 |
| Pretax income | 3,911,000 | 5,294,000 | 20,785,000 | 23,893,000 |
| Income tax | 954,000 | 1,276,000 | 5,195,000 | 6,223,000 |
| Net income | 2,957,000 | 4,018,000 | 15,590,000 | 17,670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 175,708,000 | 176,894,000 | 168,849,000 | 171,067,000 |
| Total capital | 185,552,000 | 186,326,000 | 178,415,000 | 179,482,000 |
| Risk-weighted assets | 785,822,000 | 751,003,000 | 760,454,000 | 667,076,000 |