Call reports 2020
CORTRUST BANK NATIONAL ASSOCIATION — 2020
What CORTRUST 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 | 1,206,545,000 | 1,322,904,000 | 1,346,763,000 | 1,421,973,000 |
| Total loans | 791,709,000 | 887,466,000 | 894,557,000 | 910,156,000 |
| Allowance for loan losses | 11,468,000 | 15,845,000 | 17,085,000 | 17,632,000 |
| Securities available for sale | 313,098,000 | 305,747,000 | 345,316,000 | 369,671,000 |
| Securities held to maturity | 242,000 | 228,000 | 228,000 | 4,084,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,048,400,000 | 1,164,331,000 | 1,184,148,000 | 1,259,455,000 |
| Interest-bearing deposits | 792,428,000 | 824,326,000 | 875,269,000 | 915,631,000 |
| Noninterest-bearing deposits | 255,972,000 | 340,005,000 | 308,879,000 | 343,824,000 |
| Equity capital | 129,805,000 | 130,002,000 | 133,303,000 | 135,257,000 |
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 | 13,043,000 | 26,689,000 | 39,300,000 | 52,463,000 |
| Interest expense | 2,019,000 | 3,762,000 | 5,178,000 | 6,494,000 |
| Net interest income | 11,024,000 | 22,927,000 | 34,122,000 | 45,969,000 |
| Noninterest income | 2,997,000 | 8,528,000 | 16,379,000 | 24,547,000 |
| Noninterest expense | 12,051,000 | 24,785,000 | 38,143,000 | 52,004,000 |
| Provision for loan losses | 1,383,000 | 6,426,000 | 7,951,000 | 9,218,000 |
| Pretax income | 1,725,000 | 1,382,000 | 5,545,000 | 11,856,000 |
| Income tax | 388,000 | 250,000 | 1,230,000 | 2,786,000 |
| Net income | 1,337,000 | 1,132,000 | 4,315,000 | 9,070,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,608,000 | 113,785,000 | 117,276,000 | 120,488,000 |
| Total capital | 125,717,000 | 124,890,000 | 128,557,000 | 132,721,000 |
| Risk-weighted assets | 888,126,000 | 883,439,000 | 896,454,000 | 973,028,000 |