Call reports 2020
CHARTER BANK — 2020
What CHARTER 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 | 168,821,000 | 184,881,000 | 188,269,000 | 194,460,000 |
| Total loans | 98,605,000 | 112,679,000 | 116,492,000 | 106,772,000 |
| Allowance for loan losses | 701,000 | 986,000 | 986,000 | 996,000 |
| Securities available for sale | 52,450,000 | 53,066,000 | 55,552,000 | 54,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,240,000 | 163,582,000 | 166,679,000 | 172,853,000 |
| Interest-bearing deposits | 112,531,000 | 115,468,000 | 120,620,000 | 124,597,000 |
| Noninterest-bearing deposits | 36,709,000 | 48,114,000 | 46,059,000 | 48,256,000 |
| Equity capital | 19,130,000 | 20,855,000 | 20,986,000 | 20,894,000 |
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 | 1,452,000 | 2,904,000 | 4,362,000 | 5,727,000 |
| Interest expense | 331,000 | 622,000 | 893,000 | 1,137,000 |
| Net interest income | 1,121,000 | 2,282,000 | 3,469,000 | 4,590,000 |
| Noninterest income | 195,000 | 1,160,000 | 1,504,000 | 1,831,000 |
| Noninterest expense | 856,000 | 1,755,000 | 2,804,000 | 3,852,000 |
| Provision for loan losses | 0 | 283,000 | 283,000 | 298,000 |
| Pretax income | 460,000 | 1,404,000 | 1,913,000 | 2,300,000 |
| Income tax | 23,000 | 84,000 | 110,000 | 114,000 |
| Net income | 437,000 | 1,320,000 | 1,803,000 | 2,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,023,000 | 19,678,000 | 19,930,000 | 19,803,000 |
| Total capital | 19,724,000 | 20,664,000 | 20,916,000 | 20,799,000 |
| Risk-weighted assets | 107,445,000 | 119,558,000 | 126,569,000 | 108,300,000 |