Call reports 2020
IVES BANK — 2020
What IVES BANK 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 | 1,132,780,000 | 1,238,414,000 | 1,247,658,000 | 1,262,604,000 |
| Total loans | 960,739,000 | 1,047,941,000 | 1,061,145,000 | 1,052,378,000 |
| Allowance for loan losses | 9,748,000 | 10,780,000 | 12,375,000 | 12,491,000 |
| Securities available for sale | 85,823,000 | 68,834,000 | 62,448,000 | 44,359,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 863,375,000 | 1,009,137,000 | 1,014,644,000 | 1,038,142,000 |
| Interest-bearing deposits | 822,574,000 | 951,255,000 | 957,608,000 | 973,821,000 |
| Noninterest-bearing deposits | 40,801,000 | 57,882,000 | 57,036,000 | 64,321,000 |
| Equity capital | 138,270,000 | 141,233,000 | 143,887,000 | 145,600,000 |
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 | 11,450,000 | 22,667,000 | 34,002,000 | 44,505,000 |
| Interest expense | 2,395,000 | 4,511,000 | 6,426,000 | 8,138,000 |
| Net interest income | 9,055,000 | 18,156,000 | 27,576,000 | 36,367,000 |
| Noninterest income | 1,528,000 | 3,771,000 | 6,479,000 | 8,568,000 |
| Noninterest expense | 6,674,000 | 13,024,000 | 20,148,000 | 27,839,000 |
| Provision for loan losses | 1,039,000 | 2,563,000 | 4,350,000 | 5,896,000 |
| Pretax income | 1,920,000 | 6,981,000 | 10,135,000 | 12,198,000 |
| Income tax | 406,000 | 1,435,000 | 2,069,000 | 2,474,000 |
| Net income | 1,514,000 | 5,546,000 | 8,066,000 | 9,724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,208,000 | 143,240,000 | 145,385,000 | 147,043,000 |
| Total capital | 149,204,000 | 153,918,000 | — | — |
| Risk-weighted assets | 852,070,000 | 853,949,000 | — | — |