Call reports 2020
SPIRITBANK — 2020
What SPIRITBANK 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 | 637,799,000 | 688,058,000 | 659,663,000 | 712,789,000 |
| Total loans | 522,946,000 | 564,366,000 | 560,048,000 | 599,121,000 |
| Allowance for loan losses | 6,378,000 | 6,710,000 | 6,961,000 | 7,423,000 |
| Securities available for sale | 65,170,000 | 44,855,000 | 43,314,000 | 38,691,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 551,376,000 | 576,065,000 | 547,810,000 | 602,123,000 |
| Interest-bearing deposits | 437,244,000 | 416,458,000 | 399,670,000 | 439,862,000 |
| Noninterest-bearing deposits | 114,132,000 | 159,607,000 | 148,140,000 | 162,261,000 |
| Equity capital | 70,729,000 | 71,550,000 | 72,325,000 | 74,664,000 |
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 | 7,625,000 | 15,806,000 | 23,019,000 | 30,815,000 |
| Interest expense | 1,795,000 | 3,395,000 | 4,799,000 | 5,960,000 |
| Net interest income | 5,830,000 | 12,411,000 | 18,220,000 | 24,855,000 |
| Noninterest income | 821,000 | 1,525,000 | 3,038,000 | 3,924,000 |
| Noninterest expense | 4,865,000 | 9,343,000 | 14,179,000 | 19,245,000 |
| Provision for loan losses | 0 | 300,000 | 300,000 | 750,000 |
| Pretax income | 1,786,000 | 4,293,000 | 6,890,000 | 8,895,000 |
| Income tax | 465,000 | 1,104,000 | 1,772,000 | 315,000 |
| Net income | 1,321,000 | 3,189,000 | 5,118,000 | 8,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,965,000 | 64,832,000 | 65,762,000 | 69,416,000 |
| Total capital | 70,343,000 | 71,542,000 | 72,331,000 | 76,558,000 |
| Risk-weighted assets | 554,966,000 | 538,582,000 | 525,087,000 | 571,055,000 |