Call reports 2020
DEDICATED COMMUNITY BANK — 2020
What DEDICATED 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 | 69,907,000 | 85,446,000 | 84,505,000 | 84,627,000 |
| Total loans | 51,082,000 | 61,647,000 | 61,901,000 | 62,422,000 |
| Allowance for loan losses | 290,000 | 315,000 | 382,000 | 460,000 |
| Securities available for sale | 6,969,000 | 5,593,000 | 5,782,000 | 5,181,000 |
| Securities held to maturity | 3,258,000 | 3,254,000 | 4,558,000 | 4,806,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,952,000 | 67,720,000 | 67,611,000 | 68,433,000 |
| Interest-bearing deposits | 49,962,000 | 51,239,000 | 51,006,000 | 52,043,000 |
| Noninterest-bearing deposits | 10,990,000 | 16,481,000 | 16,605,000 | 16,390,000 |
| Equity capital | 6,728,000 | 6,952,000 | 7,096,000 | 7,206,000 |
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 | 788,000 | 1,692,000 | 2,596,000 | 3,518,000 |
| Interest expense | 107,000 | 193,000 | 257,000 | 315,000 |
| Net interest income | 681,000 | 1,499,000 | 2,339,000 | 3,203,000 |
| Noninterest income | 70,000 | 136,000 | 203,000 | 270,000 |
| Noninterest expense | 619,000 | 1,259,000 | 1,905,000 | 2,613,000 |
| Provision for loan losses | 12,000 | 42,000 | 112,000 | 187,000 |
| Pretax income | 120,000 | 334,000 | 525,000 | 673,000 |
| Income tax | 20,000 | 57,000 | 89,000 | 126,000 |
| Net income | 100,000 | 277,000 | 436,000 | 547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,662,000 | 6,839,000 | 6,998,000 | 7,108,000 |
| Total capital | 6,952,000 | — | 7,380,000 | 7,568,000 |
| Risk-weighted assets | 52,222,000 | — | 64,574,000 | 58,581,000 |