Call reports 2020
AMERICAN COMMUNITY BANK & TRUST — 2020
What AMERICAN COMMUNITY 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 | 586,726,000 | 768,144,000 | 786,025,000 | 786,565,000 |
| Total loans | 386,311,000 | 595,637,000 | 603,410,000 | 577,202,000 |
| Allowance for loan losses | 4,963,000 | 5,271,000 | 5,778,000 | 6,419,000 |
| Securities available for sale | 95,618,000 | 84,506,000 | 102,543,000 | 130,078,000 |
| Securities held to maturity | 5,411,000 | 5,307,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 506,405,000 | 685,663,000 | 685,489,000 | 698,334,000 |
| Interest-bearing deposits | 394,839,000 | 483,283,000 | 492,789,000 | 502,278,000 |
| Noninterest-bearing deposits | 111,566,000 | 202,379,000 | 192,701,000 | 196,057,000 |
| Equity capital | 78,109,000 | 76,054,000 | 77,791,000 | 80,159,000 |
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 | 5,500,000 | 11,423,000 | 17,589,000 | 24,770,000 |
| Interest expense | 920,000 | 1,684,000 | 2,429,000 | 3,057,000 |
| Net interest income | 4,580,000 | 9,739,000 | 15,160,000 | 21,713,000 |
| Noninterest income | 698,000 | 1,275,000 | 1,894,000 | 2,399,000 |
| Noninterest expense | 3,099,000 | 6,194,000 | 9,356,000 | 12,774,000 |
| Provision for loan losses | 195,000 | 495,000 | 995,000 | 1,595,000 |
| Pretax income | 2,094,000 | 4,556,000 | 6,938,000 | 9,980,000 |
| Income tax | 556,000 | 1,209,000 | 1,846,000 | 2,651,000 |
| Net income | 1,538,000 | 3,347,000 | 5,092,000 | 7,329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,588,000 | 75,293,000 | 77,046,000 | 79,292,000 |