Call reports 2020
METHOD BANK — 2020
What METHOD 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 | 12,755,000 | 13,431,000 | 13,228,000 | 13,397,000 |
| Total loans | 6,705,000 | 7,242,000 | 7,603,000 | 7,476,000 |
| Allowance for loan losses | 108,000 | 111,000 | 118,000 | 103,000 |
| Securities available for sale | 3,572,000 | 3,893,000 | 3,788,000 | 3,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,000,000 | 11,576,000 | 11,315,000 | 11,554,000 |
| Interest-bearing deposits | 6,680,000 | 6,418,000 | 6,323,000 | 6,282,000 |
| Noninterest-bearing deposits | 4,320,000 | 5,158,000 | 4,992,000 | 5,272,000 |
| Equity capital | 1,234,000 | 1,338,000 | 1,376,000 | 1,335,000 |
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 | 171,000 | 341,000 | 519,000 | 687,000 |
| Interest expense | 13,000 | 25,000 | 37,000 | 49,000 |
| Net interest income | 158,000 | 316,000 | 482,000 | 638,000 |
| Noninterest income | 22,000 | 30,000 | 68,000 | 115,000 |
| Noninterest expense | 160,000 | 310,000 | 482,000 | 642,000 |
| Provision for loan losses | 6,000 | 9,000 | 14,000 | 19,000 |
| Pretax income | 26,000 | 39,000 | 66,000 | 81,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 26,000 | 39,000 | 66,000 | 81,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,227,000 | 1,252,000 | 1,279,000 | 1,223,000 |
| Total capital | 1,330,000 | 1,362,000 | 1,392,000 | 1,336,000 |
| Risk-weighted assets | 8,225,000 | 8,874,000 | 9,013,000 | 9,027,000 |