Call reports 2020
TROY BANK & TRUST COMPANY — 2020
What TROY BANK & TRUST COMPANY 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 | 914,193,000 | 974,264,000 | 1,081,666,000 | 1,146,956,000 |
| Total loans | 564,657,000 | 606,359,000 | 668,001,000 | 659,616,000 |
| Allowance for loan losses | 8,352,000 | 8,429,000 | 8,635,000 | 8,838,000 |
| Securities available for sale | 245,475,000 | 233,122,000 | 262,042,000 | 284,483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 796,281,000 | 850,957,000 | 955,565,000 | 1,017,976,000 |
| Interest-bearing deposits | 792,587,000 | 841,387,000 | 908,382,000 | 991,336,000 |
| Noninterest-bearing deposits | 3,694,000 | 9,570,000 | 47,183,000 | 26,640,000 |
| Equity capital | 110,107,000 | 113,756,000 | 115,739,000 | 117,656,000 |
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 | 9,773,000 | 19,195,000 | 29,218,000 | 38,832,000 |
| Interest expense | 2,218,000 | 3,943,000 | 5,600,000 | 7,196,000 |
| Net interest income | 7,555,000 | 15,252,000 | 23,618,000 | 31,636,000 |
| Noninterest income | 1,405,000 | 4,598,000 | 6,038,000 | 7,648,000 |
| Noninterest expense | 6,061,000 | 12,208,000 | 18,917,000 | 26,490,000 |
| Provision for loan losses | 275,000 | 1,275,000 | 1,525,000 | 1,775,000 |
| Pretax income | 2,684,000 | 6,528,000 | 9,380,000 | 11,229,000 |
| Income tax | 517,000 | 1,408,000 | 2,039,000 | 2,086,000 |
| Net income | 2,167,000 | 5,120,000 | 7,341,000 | 9,143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,589,000 | 109,116,000 | 106,442,000 | 108,182,000 |