Call reports 2020
INVESTORS COMMUNITY BANK — 2020
What INVESTORS COMMUNITY 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 | 1,350,983,000 | 1,510,322,000 | 1,488,613,000 | 1,468,929,000 |
| Total loans | 1,026,823,000 | 1,099,369,000 | 1,078,520,000 | 1,032,261,000 |
| Allowance for loan losses | 17,547,000 | 18,569,000 | 18,649,000 | 14,808,000 |
| Securities available for sale | 246,147,000 | 226,971,000 | 298,476,000 | 352,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,023,512,000 | 1,099,860,000 | 1,086,193,000 | 1,072,153,000 |
| Interest-bearing deposits | 906,014,000 | 949,892,000 | 927,271,000 | 908,874,000 |
| Noninterest-bearing deposits | 117,499,000 | 149,968,000 | 158,922,000 | 163,279,000 |
| Equity capital | 204,089,000 | 201,507,000 | 200,011,000 | 205,743,000 |
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 | 14,285,000 | 28,234,000 | 41,569,000 | 56,573,000 |
| Interest expense | 4,607,000 | 8,681,000 | 12,146,000 | 15,099,000 |
| Net interest income | 9,678,000 | 19,553,000 | 29,423,000 | 41,474,000 |
| Noninterest income | 997,000 | 3,916,000 | 7,471,000 | 11,986,000 |
| Noninterest expense | 8,123,000 | 15,614,000 | 23,115,000 | 32,689,000 |
| Provision for loan losses | 2,218,000 | 3,360,000 | 3,439,000 | 2,984,000 |
| Pretax income | 334,000 | 5,065,000 | 11,011,000 | 18,458,000 |
| Income tax | -212,000 | 1,006,000 | 2,543,000 | 4,487,000 |
| Net income | 546,000 | 4,059,000 | 8,468,000 | 13,971,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 199,077,000 | 192,772,000 | 191,372,000 | 197,056,000 |
| Total capital | 214,010,000 | 207,319,000 | 206,372,000 | 211,864,000 |
| Risk-weighted assets | 1,191,996,000 | 1,159,741,000 | 1,196,411,000 | 1,258,802,000 |