Call reports 2020
BEACON BANK & TRUST — 2020
What BEACON BANK & TRUST 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 | 5,693,114,000 | 5,965,977,000 | 5,855,764,000 | 5,742,972,000 |
| Total loans | 4,789,665,000 | 5,042,747,000 | 4,992,694,000 | 4,924,049,000 |
| Allowance for loan losses | 79,404,000 | 87,517,000 | 80,539,000 | 78,017,000 |
| Securities available for sale | 419,849,000 | 443,855,000 | 426,816,000 | 397,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 127,768,000 | 136,742,000 | 121,697,000 | 106,174,000 |
| Total deposits | 3,965,613,000 | 4,168,822,000 | 4,420,674,000 | 4,355,341,000 |
| Interest-bearing deposits | 3,249,744,000 | 3,229,711,000 | 3,447,895,000 | 3,405,573,000 |
| Noninterest-bearing deposits | 715,869,000 | 939,111,000 | 972,779,000 | 949,768,000 |
| Equity capital | 579,648,000 | 579,716,000 | 588,566,000 | 597,069,000 |
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 | 60,131,000 | 117,616,000 | 173,963,000 | 229,379,000 |
| Interest expense | 15,530,000 | 27,524,000 | 37,102,000 | 44,659,000 |
| Net interest income | 44,601,000 | 90,092,000 | 136,861,000 | 184,720,000 |
| Noninterest income | 5,055,000 | 8,558,000 | 10,967,000 | 12,722,000 |
| Noninterest expense | 30,087,000 | 55,007,000 | 80,963,000 | 105,240,000 |
| Provision for loan losses | 34,259,000 | 43,607,000 | 41,531,000 | 41,011,000 |
| Pretax income | -12,336,000 | 2,988,000 | 28,543,000 | 54,400,000 |
| Income tax | -3,642,000 | 244,000 | 6,424,000 | 12,372,000 |
| Net income | -8,694,000 | 2,744,000 | 22,119,000 | 42,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 539,269,000 | 537,813,000 | 547,302,000 | 557,310,000 |
| Total capital | 600,829,000 | 600,688,000 | 608,153,000 | 617,101,000 |
| Risk-weighted assets | 4,896,310,000 | 4,995,875,000 | 4,839,321,000 | 4,756,632,000 |