Call reports 2020
UNIVERSAL BANK — 2020
What UNIVERSAL 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 | 388,617,000 | 408,309,000 | 423,819,000 | 423,835,000 |
| Total loans | 320,610,000 | 329,790,000 | 323,394,000 | 306,574,000 |
| Allowance for loan losses | 4,223,000 | 4,235,000 | 4,320,000 | 4,324,000 |
| Securities available for sale | 2,695,000 | 1,707,000 | 1,709,000 | 1,716,000 |
| Securities held to maturity | 7,264,000 | 6,326,000 | 5,764,000 | 5,132,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,654,000 | 292,611,000 | 307,711,000 | 312,160,000 |
| Interest-bearing deposits | 257,610,000 | 255,700,000 | 268,713,000 | 272,902,000 |
| Noninterest-bearing deposits | 34,044,000 | 36,911,000 | 38,998,000 | 39,258,000 |
| Equity capital | 60,258,000 | 60,491,000 | 60,763,000 | 61,069,000 |
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 | 3,994,000 | 7,971,000 | 12,069,000 | 15,873,000 |
| Interest expense | 1,090,000 | 2,035,000 | 2,960,000 | 3,809,000 |
| Net interest income | 2,904,000 | 5,936,000 | 9,109,000 | 12,064,000 |
| Noninterest income | 314,000 | 505,000 | 714,000 | 924,000 |
| Noninterest expense | 3,102,000 | 6,047,000 | 9,022,000 | 11,796,000 |
| Provision for loan losses | 0 | 0 | 63,000 | 63,000 |
| Pretax income | 116,000 | 394,000 | 738,000 | 1,129,000 |
| Income tax | 6,000 | 60,000 | 133,000 | 222,000 |
| Net income | 110,000 | 334,000 | 605,000 | 907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,193,000 | 60,418,000 | 60,688,000 | 60,990,000 |