Call reports 2020
BANK FORWARD — 2020
What BANK FORWARD 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 | 710,468,000 | 842,744,000 | 817,113,000 | 834,083,000 |
| Total loans | 576,478,000 | 614,818,000 | 589,182,000 | 566,485,000 |
| Allowance for loan losses | 6,921,000 | 7,821,000 | 7,926,000 | 7,969,000 |
| Securities available for sale | 28,868,000 | 27,149,000 | 26,214,000 | 38,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 592,579,000 | 672,830,000 | 692,414,000 | 718,214,000 |
| Interest-bearing deposits | 463,998,000 | 494,536,000 | 507,661,000 | 522,226,000 |
| Noninterest-bearing deposits | 128,581,000 | 178,294,000 | 184,753,000 | 195,988,000 |
| Equity capital | 75,893,000 | 74,401,000 | 77,024,000 | 79,083,000 |
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 | 8,710,000 | 17,200,000 | 25,130,000 | 32,959,000 |
| Interest expense | 1,772,000 | 3,494,000 | 5,157,000 | 6,611,000 |
| Net interest income | 6,938,000 | 13,706,000 | 19,973,000 | 26,348,000 |
| Noninterest income | 3,772,000 | 7,254,000 | 11,488,000 | 15,363,000 |
| Noninterest expense | 7,825,000 | 15,327,000 | 22,537,000 | 30,303,000 |
| Provision for loan losses | 91,000 | 932,000 | 1,024,000 | 1,043,000 |
| Pretax income | 2,794,000 | 4,762,000 | 7,962,000 | 10,439,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 2,792,000 | 4,760,000 | 7,960,000 | 10,437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,157,000 | 67,512,000 | 70,205,000 | 72,390,000 |