Call reports 2020
FORCHT BANK, NATIONAL ASSOCIATION — 2020
What FORCHT BANK, NATIONAL ASSOCIATION 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 | 1,250,131,000 | 1,384,821,000 | 1,431,428,000 | 1,432,367,000 |
| Total loans | 867,451,000 | 911,354,000 | 926,752,000 | 866,211,000 |
| Allowance for loan losses | 9,785,000 | 10,204,000 | 10,609,000 | 10,870,000 |
| Securities available for sale | 209,940,000 | 232,751,000 | 310,162,000 | 307,022,000 |
| Securities held to maturity | 5,084,000 | 5,044,000 | 4,969,000 | 4,918,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 980,864,000 | 1,112,452,000 | 1,159,066,000 | 1,223,720,000 |
| Interest-bearing deposits | 826,676,000 | 920,122,000 | 960,306,000 | 1,035,708,000 |
| Noninterest-bearing deposits | 154,188,000 | 192,330,000 | 198,760,000 | 188,012,000 |
| Equity capital | 163,874,000 | 166,991,000 | 166,566,000 | 166,452,000 |
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 | 12,744,000 | 25,201,000 | 37,564,000 | 50,430,000 |
| Interest expense | 1,972,000 | 3,761,000 | 5,552,000 | 7,207,000 |
| Net interest income | 10,772,000 | 21,440,000 | 32,012,000 | 43,223,000 |
| Noninterest income | 2,201,000 | 4,560,000 | 7,304,000 | 9,069,000 |
| Noninterest expense | 10,971,000 | 21,619,000 | 32,528,000 | 45,824,000 |
| Provision for loan losses | 450,000 | 900,000 | 1,350,000 | 1,650,000 |
| Pretax income | 2,040,000 | 3,969,000 | 5,932,000 | 7,353,000 |
| Income tax | 135,000 | 226,000 | 551,000 | 258,000 |
| Net income | 1,905,000 | 3,743,000 | 5,381,000 | 7,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,072,000 | 119,740,000 | 119,458,000 | 120,252,000 |