Call reports 2020
APPLIED BANK — 2020
What APPLIED 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 | 165,203,000 | 180,041,000 | 185,060,000 | 183,110,000 |
| Total loans | 64,507,000 | 84,103,000 | 82,823,000 | 73,986,000 |
| Allowance for loan losses | 408,000 | 413,000 | 398,000 | 348,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,673,000 | 137,903,000 | 142,398,000 | 142,462,000 |
| Interest-bearing deposits | 79,689,000 | 77,870,000 | 75,969,000 | 77,260,000 |
| Noninterest-bearing deposits | 43,984,000 | 60,033,000 | 66,429,000 | 65,202,000 |
| Equity capital | 40,791,000 | 41,151,000 | 41,592,000 | 40,004,000 |
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 | 1,333,000 | 2,438,000 | 3,608,000 | 4,736,000 |
| Interest expense | 30,000 | 39,000 | 49,000 | 58,000 |
| Net interest income | 1,303,000 | 2,399,000 | 3,559,000 | 4,678,000 |
| Noninterest income | 1,023,000 | 2,154,000 | 3,275,000 | 4,207,000 |
| Noninterest expense | 1,808,000 | 3,651,000 | 5,483,000 | 7,150,000 |
| Provision for loan losses | 70,000 | 75,000 | 60,000 | 11,000 |
| Pretax income | 439,000 | 818,000 | 1,282,000 | 1,715,000 |
| Income tax | 21,000 | 40,000 | 63,000 | 84,000 |
| Net income | 418,000 | 778,000 | 1,219,000 | 1,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,791,000 | 41,151,000 | 41,592,000 | 40,004,000 |
| Total capital | 41,202,000 | 41,565,000 | 41,990,000 | 40,353,000 |
| Risk-weighted assets | 71,439,000 | 70,134,000 | 68,893,000 | 57,926,000 |