Call reports 2020
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2020
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 263,061,000 | 292,074,000 | 340,298,000 | 317,231,000 |
| Total loans | 82,084,000 | 80,096,000 | 78,352,000 | 79,471,000 |
| Allowance for loan losses | 996,000 | 1,010,000 | 1,029,000 | 833,000 |
| Securities available for sale | 136,558,000 | 135,004,000 | 157,592,000 | 191,339,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,990,000 | 258,642,000 | 306,417,000 | 283,905,000 |
| Interest-bearing deposits | 185,651,000 | 198,306,000 | 224,255,000 | 215,226,000 |
| Noninterest-bearing deposits | 45,339,000 | 60,336,000 | 82,162,000 | 68,679,000 |
| Equity capital | 24,038,000 | 25,140,000 | 25,634,000 | 25,123,000 |
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 | 1,968,000 | 4,064,000 | 5,747,000 | 7,466,000 |
| Interest expense | 360,000 | 701,000 | 968,000 | 1,247,000 |
| Net interest income | 1,608,000 | 3,363,000 | 4,779,000 | 6,219,000 |
| Noninterest income | 250,000 | 1,207,000 | 1,570,000 | 1,979,000 |
| Noninterest expense | 1,655,000 | 3,281,000 | 4,949,000 | 6,410,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 260,000 |
| Pretax income | 284,000 | 1,234,000 | 1,456,000 | 1,692,000 |
| Income tax | 22,000 | 185,000 | 176,000 | 245,000 |
| Net income | 262,000 | 1,049,000 | 1,280,000 | 1,447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,733,000 | 20,320,000 | 20,343,000 | 20,246,000 |
| Total capital | 20,729,000 | 21,330,000 | 21,372,000 | 21,079,000 |
| Risk-weighted assets | 132,782,000 | 137,280,000 | 137,743,000 | 142,249,000 |