Call reports 2020
ITS BANK — 2020
What ITS 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 | 8,289,000 | 8,473,000 | 8,625,000 | 8,751,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 3,122,000 | 3,086,000 | 2,254,000 | 2,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 7,746,000 | 7,911,000 | 8,068,000 | 8,209,000 |
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 | 88,000 | 177,000 | 262,000 | 348,000 |
| Interest expense | 3,000 | 6,000 | 7,000 | 9,000 |
| Net interest income | 85,000 | 171,000 | 255,000 | 339,000 |
| Noninterest income | 98,000 | 198,000 | 305,000 | 407,000 |
| Noninterest expense | 33,000 | 55,000 | 82,000 | 102,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 150,000 | 314,000 | 510,000 | 739,000 |
| Income tax | 38,000 | 80,000 | 96,000 | 154,000 |
| Net income | 112,000 | 234,000 | 414,000 | 585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,670,000 | 7,809,000 | 7,989,000 | 8,160,000 |