Call reports 2020
FIRST BANK OF BANCROFT — 2020
What FIRST BANK OF BANCROFT 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 | 23,187,000 | 24,463,000 | 25,272,000 | 26,014,000 |
| Total loans | 10,702,000 | 10,628,000 | 9,708,000 | 10,592,000 |
| Allowance for loan losses | 172,000 | 174,000 | 176,000 | 178,000 |
| Securities available for sale | 4,260,000 | 5,738,000 | 9,539,000 | 11,087,000 |
| Securities held to maturity | 400,000 | 400,000 | 400,000 | 400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,298,000 | 20,336,000 | 21,107,000 | 21,310,000 |
| Interest-bearing deposits | 15,608,000 | 16,093,000 | 16,718,000 | 16,069,000 |
| Noninterest-bearing deposits | 3,690,000 | 4,243,000 | 4,389,000 | 5,241,000 |
| Equity capital | 3,811,000 | 3,999,000 | 4,037,000 | 3,944,000 |
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 | 227,000 | 429,000 | 610,000 | 798,000 |
| Interest expense | 31,000 | 52,000 | 67,000 | 79,000 |
| Net interest income | 196,000 | 377,000 | 543,000 | 719,000 |
| Noninterest income | 12,000 | 22,000 | 32,000 | 40,000 |
| Noninterest expense | 133,000 | 270,000 | 398,000 | 594,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 75,000 | 129,000 | 177,000 | 165,000 |
| Income tax | 19,000 | 37,000 | 48,000 | 14,000 |
| Net income | 56,000 | 92,000 | 129,000 | 151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,901,000 | 3,937,000 | 3,975,000 | 3,896,000 |