Call reports 2020
HIGHLANDS COMMUNITY BANK — 2020
What HIGHLANDS COMMUNITY 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 | 153,742,000 | 165,714,000 | 169,133,000 | 171,501,000 |
| Total loans | 91,936,000 | 106,224,000 | 110,251,000 | 104,262,000 |
| Allowance for loan losses | 1,152,000 | 1,117,000 | 1,164,000 | 1,307,000 |
| Securities available for sale | 47,930,000 | 45,798,000 | 46,079,000 | 54,557,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,642,000 | 142,582,000 | 145,785,000 | 147,704,000 |
| Interest-bearing deposits | 111,967,000 | 115,398,000 | 119,035,000 | 120,532,000 |
| Noninterest-bearing deposits | 19,675,000 | 27,184,000 | 26,750,000 | 27,172,000 |
| Equity capital | 19,771,000 | 21,710,000 | 22,313,000 | 22,962,000 |
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 | 1,833,000 | 3,707,000 | 5,636,000 | 7,739,000 |
| Interest expense | 346,000 | 684,000 | 1,027,000 | 1,358,000 |
| Net interest income | 1,487,000 | 3,023,000 | 4,609,000 | 6,381,000 |
| Noninterest income | 196,000 | 347,000 | 516,000 | 906,000 |
| Noninterest expense | 1,161,000 | 2,271,000 | 3,412,000 | 4,604,000 |
| Provision for loan losses | 55,000 | 185,000 | 325,000 | 549,000 |
| Pretax income | 476,000 | 959,000 | 1,433,000 | 2,179,000 |
| Income tax | 80,000 | 162,000 | 242,000 | 337,000 |
| Net income | 396,000 | 797,000 | 1,191,000 | 1,842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,570,000 | 19,972,000 | 20,368,000 | 21,019,000 |