Call reports 2020
BUFFALO FEDERAL BANK — 2020
What BUFFALO FEDERAL 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 | 123,027,000 | 137,859,000 | 142,089,000 | 145,754,000 |
| Total loans | 84,257,000 | 95,089,000 | 102,977,000 | 105,717,000 |
| Allowance for loan losses | 1,502,000 | 1,630,000 | 1,788,000 | 1,875,000 |
| Securities available for sale | 23,911,000 | 24,151,000 | 22,048,000 | 22,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,910,000 | 112,900,000 | 116,839,000 | 121,491,000 |
| Interest-bearing deposits | 86,289,000 | 92,089,000 | 95,829,000 | 101,147,000 |
| Noninterest-bearing deposits | 16,621,000 | 20,811,000 | 21,010,000 | 20,344,000 |
| Equity capital | 13,714,000 | 13,902,000 | 14,171,000 | 14,619,000 |
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 | 1,385,000 | 2,884,000 | 4,410,000 | 5,966,000 |
| Interest expense | 235,000 | 463,000 | 670,000 | 840,000 |
| Net interest income | 1,150,000 | 2,421,000 | 3,740,000 | 5,126,000 |
| Noninterest income | 321,000 | 660,000 | 1,231,000 | 1,950,000 |
| Noninterest expense | 1,197,000 | 2,408,000 | 3,714,000 | 5,034,000 |
| Provision for loan losses | 202,000 | 330,000 | 481,000 | 567,000 |
| Pretax income | 73,000 | 343,000 | 776,000 | 1,480,000 |
| Income tax | 12,000 | 66,000 | 153,000 | 298,000 |
| Net income | 61,000 | 277,000 | 623,000 | 1,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,514,000 | 13,730,000 | 14,076,000 | 14,476,000 |