Call reports 2020
SHARON BANK — 2020
What SHARON BANK 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 | 181,274,000 | 190,512,000 | 182,603,000 | 182,828,000 |
| Total loans | 105,362,000 | 106,074,000 | 112,162,000 | 119,581,000 |
| Allowance for loan losses | 578,000 | 677,000 | 702,000 | 756,000 |
| Securities available for sale | 37,094,000 | 34,592,000 | 32,447,000 | 30,874,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,823,000 | 157,559,000 | 150,900,000 | 152,556,000 |
| Interest-bearing deposits | 135,617,000 | 145,381,000 | 139,400,000 | 139,424,000 |
| Noninterest-bearing deposits | 10,206,000 | 12,178,000 | 11,500,000 | 13,132,000 |
| Equity capital | 17,626,000 | 17,377,000 | 16,839,000 | 16,704,000 |
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 | 1,638,000 | 3,100,000 | 4,555,000 | 6,166,000 |
| Interest expense | 565,000 | 1,123,000 | 1,625,000 | 2,071,000 |
| Net interest income | 1,073,000 | 1,977,000 | 2,930,000 | 4,095,000 |
| Noninterest income | 115,000 | 538,000 | 678,000 | 808,000 |
| Noninterest expense | 1,377,000 | 2,885,000 | 4,240,000 | 5,668,000 |
| Provision for loan losses | 31,000 | 129,000 | 145,000 | 189,000 |
| Pretax income | -220,000 | -499,000 | -777,000 | -954,000 |
| Income tax | 0 | 8,000 | 261,000 | 261,000 |
| Net income | -220,000 | -507,000 | -1,038,000 | -1,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,346,000 | 18,003,000 | 17,431,000 | 17,213,000 |