Call reports 2020
WESTCHESTER BANK, THE — 2020
What WESTCHESTER BANK, THE 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 | 1,028,762,000 | 1,158,957,000 | 1,200,899,000 | 1,233,476,000 |
| Total loans | 857,017,000 | 906,371,000 | 858,969,000 | 896,484,000 |
| Allowance for loan losses | 12,127,000 | 11,737,000 | 12,698,000 | 14,698,000 |
| Securities available for sale | 15,193,000 | 21,113,000 | 24,076,000 | 27,914,000 |
| Securities held to maturity | 61,150,000 | 64,648,000 | 61,897,000 | 61,153,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 859,380,000 | 960,355,000 | 1,005,797,000 | 1,037,425,000 |
| Interest-bearing deposits | 603,651,000 | 623,732,000 | 645,860,000 | 670,224,000 |
| Noninterest-bearing deposits | 255,729,000 | 336,623,000 | 359,937,000 | 367,201,000 |
| Equity capital | 118,042,000 | 122,173,000 | 125,436,000 | 128,027,000 |
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 | 10,898,000 | 21,302,000 | 31,636,000 | 41,964,000 |
| Interest expense | 2,113,000 | 3,764,000 | 5,228,000 | 6,517,000 |
| Net interest income | 8,785,000 | 17,538,000 | 26,408,000 | 35,447,000 |
| Noninterest income | 298,000 | 563,000 | 842,000 | 1,115,000 |
| Noninterest expense | 4,464,000 | 8,704,000 | 12,857,000 | 17,090,000 |
| Provision for loan losses | 0 | 300,000 | 1,400,000 | 3,400,000 |
| Pretax income | 4,619,000 | 9,097,000 | 12,993,000 | 16,072,000 |
| Income tax | 1,094,000 | 2,146,000 | 3,062,000 | 3,769,000 |
| Net income | 3,525,000 | 6,951,000 | 9,931,000 | 12,303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,175,000 | 121,719,000 | 124,818,000 | 127,312,000 |
| Total capital | 129,315,000 | 132,932,000 | 136,740,000 | 139,073,000 |
| Risk-weighted assets | 888,340,000 | 894,698,000 | 951,155,000 | 936,110,000 |