Call reports 2020
BANKFIRST FINANCIAL SERVICES — 2020
What BANKFIRST FINANCIAL SERVICES 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 | 1,321,745,000 | 1,528,756,000 | 1,682,214,000 | 1,730,533,000 |
| Total loans | 907,458,000 | 1,044,164,000 | 1,206,834,000 | 1,142,624,000 |
| Allowance for loan losses | 10,153,000 | 11,832,000 | 16,857,000 | 16,496,000 |
| Securities available for sale | 248,510,000 | 258,005,000 | 296,748,000 | 329,409,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,147,717,000 | 1,243,021,000 | 1,470,060,000 | 1,516,232,000 |
| Interest-bearing deposits | 898,427,000 | 903,851,000 | 1,051,617,000 | 1,082,920,000 |
| Noninterest-bearing deposits | 249,290,000 | 339,170,000 | 418,443,000 | 433,312,000 |
| Equity capital | 153,584,000 | 160,064,000 | 188,366,000 | 190,198,000 |
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 | 12,832,000 | 25,684,000 | 40,958,000 | 55,584,000 |
| Interest expense | 2,383,000 | 4,473,000 | 6,468,000 | 8,092,000 |
| Net interest income | 10,449,000 | 21,211,000 | 34,490,000 | 47,492,000 |
| Noninterest income | 4,659,000 | 9,966,000 | 16,906,000 | 22,970,000 |
| Noninterest expense | 9,837,000 | 20,235,000 | 33,263,000 | 46,931,000 |
| Provision for loan losses | 951,000 | 2,804,000 | 7,965,000 | 8,117,000 |
| Pretax income | 4,546,000 | 8,886,000 | 13,784,000 | 19,029,000 |
| Income tax | 1,027,000 | 1,663,000 | 2,612,000 | 3,504,000 |
| Net income | 3,519,000 | 7,223,000 | 11,172,000 | 15,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 127,735,000 | 131,684,000 | 145,774,000 | 147,411,000 |
| Total capital | 137,888,000 | 143,516,000 | 160,115,000 | 161,530,000 |
| Risk-weighted assets | 981,693,000 | 989,447,000 | 1,144,782,000 | 1,127,122,000 |