Call reports 2020
BANK OF THE PACIFIC — 2020
What BANK OF THE PACIFIC 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 | 925,516,000 | 1,128,867,000 | 1,160,736,000 | 1,166,802,000 |
| Total loans | 699,306,000 | 802,038,000 | 813,677,000 | 764,304,000 |
| Allowance for loan losses | 10,786,000 | 11,507,000 | 12,002,000 | 12,068,000 |
| Securities available for sale | 108,785,000 | 117,024,000 | 125,755,000 | 124,187,000 |
| Securities held to maturity | 1,034,000 | 990,000 | 980,000 | 923,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 794,917,000 | 995,159,000 | 1,023,768,000 | 1,029,009,000 |
| Interest-bearing deposits | 553,108,000 | 652,389,000 | 667,119,000 | 685,715,000 |
| Noninterest-bearing deposits | 241,809,000 | 342,770,000 | 356,649,000 | 343,294,000 |
| Equity capital | 118,863,000 | 121,815,000 | 124,130,000 | 126,504,000 |
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 | 10,027,000 | 19,989,000 | 30,348,000 | 41,010,000 |
| Interest expense | 588,000 | 1,126,000 | 1,624,000 | 2,054,000 |
| Net interest income | 9,439,000 | 18,863,000 | 28,724,000 | 38,956,000 |
| Noninterest income | 3,307,000 | 7,752,000 | 13,388,000 | 18,699,000 |
| Noninterest expense | 8,913,000 | 18,581,000 | 28,459,000 | 39,005,000 |
| Provision for loan losses | 2,000,000 | 3,000,000 | 3,500,000 | 3,500,000 |
| Pretax income | 1,833,000 | 5,034,000 | 10,153,000 | 15,150,000 |
| Income tax | 363,000 | 979,000 | 2,029,000 | 3,053,000 |
| Net income | 1,470,000 | 4,055,000 | 8,124,000 | 12,097,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,779,000 | 104,167,000 | 106,331,000 | 108,808,000 |
| Total capital | 112,184,000 | 113,726,000 | 115,919,000 | 118,212,000 |
| Risk-weighted assets | 750,813,000 | 762,570,000 | 764,414,000 | 749,528,000 |