Call reports 2020
PINELAND BANK — 2020
What PINELAND 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 | 289,911,000 | 337,608,000 | 340,617,000 | 345,551,000 |
| Total loans | 215,676,000 | 234,138,000 | 240,508,000 | 240,296,000 |
| Allowance for loan losses | 3,174,000 | 3,719,000 | 3,827,000 | 3,746,000 |
| Securities available for sale | 17,109,000 | 25,553,000 | 28,156,000 | 28,715,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,901,000 | 302,395,000 | 304,864,000 | 310,641,000 |
| Interest-bearing deposits | 180,501,000 | 198,191,000 | 200,302,000 | 202,041,000 |
| Noninterest-bearing deposits | 75,400,000 | 104,204,000 | 104,562,000 | 108,600,000 |
| Equity capital | 31,933,000 | 32,733,000 | 33,261,000 | 32,777,000 |
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 | 3,596,000 | 7,795,000 | 11,308,000 | 14,617,000 |
| Interest expense | 349,000 | 627,000 | 871,000 | 1,083,000 |
| Net interest income | 3,247,000 | 7,168,000 | 10,437,000 | 13,534,000 |
| Noninterest income | 491,000 | 930,000 | 1,346,000 | 1,866,000 |
| Noninterest expense | 3,118,000 | 6,123,000 | 9,099,000 | 12,077,000 |
| Provision for loan losses | 90,000 | 820,000 | 940,000 | 1,015,000 |
| Pretax income | 635,000 | 1,324,000 | 1,913,000 | 2,477,000 |
| Income tax | 153,000 | 323,000 | 409,000 | 525,000 |
| Net income | 482,000 | 1,001,000 | 1,504,000 | 1,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,963,000 | 32,482,000 | 32,984,000 | 32,448,000 |