Call reports 2020
BLACKRIDGEBANK — 2020
What BLACKRIDGEBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Total assets | 478,004,000 | 540,890,000 | 548,355,000 |
| Total loans | 367,098,000 | 410,459,000 | 441,928,000 |
| Allowance for loan losses | 56,000 | 726,000 | 780,000 |
| Securities available for sale | 24,027,000 | 15,917,000 | 13,296,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 406,934,000 | 467,234,000 | 473,403,000 |
| Interest-bearing deposits | 314,119,000 | 324,965,000 | 328,688,000 |
| Noninterest-bearing deposits | 92,815,000 | 142,269,000 | 144,715,000 |
| Equity capital | 69,232,000 | 71,161,000 | 72,765,000 |
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 |
|---|---|---|---|
| Interest income | 5,455,000 | 12,065,000 | 17,520,000 |
| Interest expense | 868,000 | 1,687,000 | 2,425,000 |
| Net interest income | 4,587,000 | 10,378,000 | 15,095,000 |
| Noninterest income | 1,401,000 | 3,673,000 | 6,732,000 |
| Noninterest expense | 4,309,000 | 8,988,000 | 14,058,000 |
| Provision for loan losses | 145,000 | 809,000 | 989,000 |
| Pretax income | 1,534,000 | 4,325,000 | 6,791,000 |
| Income tax | 405,000 | 1,140,000 | 1,784,000 |
| Net income | 1,129,000 | 3,185,000 | 5,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Tier 1 capital | 36,519,000 | 38,399,000 | 40,047,000 |
| Total capital | 36,575,000 | 39,125,000 | 40,827,000 |
| Risk-weighted assets | 354,628,000 | 359,126,000 | 385,877,000 |