Call reports 2020
SILVER LAKE BANK — 2020
What SILVER LAKE 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 | 315,040,000 | 353,738,000 | 343,840,000 | 343,522,000 |
| Total loans | 234,903,000 | 269,040,000 | 266,603,000 | 243,888,000 |
| Allowance for loan losses | 2,362,000 | 2,739,000 | 2,741,000 | 2,899,000 |
| Securities available for sale | 44,477,000 | 42,768,000 | 41,708,000 | 42,457,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,955,000 | 271,378,000 | 259,582,000 | 266,998,000 |
| Interest-bearing deposits | 206,430,000 | 211,657,000 | 202,640,000 | 206,212,000 |
| Noninterest-bearing deposits | 43,525,000 | 59,721,000 | 56,942,000 | 60,786,000 |
| Equity capital | 34,531,000 | 36,710,000 | 37,704,000 | 35,249,000 |
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 | 3,416,000 | 8,063,000 | 11,362,000 | 14,471,000 |
| Interest expense | 771,000 | 1,350,000 | 1,890,000 | 2,387,000 |
| Net interest income | 2,645,000 | 6,713,000 | 9,472,000 | 12,084,000 |
| Noninterest income | 209,000 | 406,000 | 655,000 | 900,000 |
| Noninterest expense | 1,812,000 | 3,468,000 | 5,199,000 | 6,897,000 |
| Provision for loan losses | 345,000 | 720,000 | 720,000 | 920,000 |
| Pretax income | 685,000 | 2,922,000 | 4,198,000 | 5,163,000 |
| Income tax | 156,000 | 690,000 | 991,000 | 1,193,000 |
| Net income | 529,000 | 2,232,000 | 3,207,000 | 3,970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,005,000 | 35,709,000 | 36,684,000 | 34,277,000 |