Call reports 2020
INCREDIBLEBANK — 2020
What INCREDIBLEBANK 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 | 1,461,302,000 | 1,656,359,000 | 1,695,958,000 | 1,651,034,000 |
| Total loans | 1,080,125,000 | 1,312,533,000 | 1,344,192,000 | 1,278,797,000 |
| Allowance for loan losses | 8,252,000 | 9,652,000 | 10,497,000 | 11,276,000 |
| Securities available for sale | 202,697,000 | 201,753,000 | 202,011,000 | 210,104,000 |
| Securities held to maturity | 6,680,000 | 6,680,000 | 6,680,000 | 6,680,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,177,813,000 | 1,367,910,000 | 1,382,603,000 | 1,394,407,000 |
| Interest-bearing deposits | 987,673,000 | 1,062,330,000 | 1,074,831,000 | 1,107,795,000 |
| Noninterest-bearing deposits | 190,140,000 | 305,580,000 | 307,772,000 | 286,612,000 |
| Equity capital | 135,113,000 | 137,594,000 | 141,423,000 | 146,566,000 |
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 | 15,825,000 | 32,348,000 | 49,334,000 | 68,401,000 |
| Interest expense | 2,893,000 | 5,106,000 | 6,980,000 | 8,682,000 |
| Net interest income | 12,932,000 | 27,242,000 | 42,354,000 | 59,719,000 |
| Noninterest income | 4,464,000 | 9,160,000 | 16,474,000 | 24,233,000 |
| Noninterest expense | 11,729,000 | 24,086,000 | 37,473,000 | 51,631,000 |
| Provision for loan losses | 698,000 | 2,390,000 | 3,830,000 | 5,292,000 |
| Pretax income | 4,998,000 | 9,961,000 | 17,571,000 | 27,109,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,998,000 | 9,961,000 | 17,571,000 | 27,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,692,000 | 113,704,000 | 117,365,000 | 124,514,000 |
| Total capital | 120,944,000 | 123,356,000 | 127,862,000 | 135,790,000 |
| Risk-weighted assets | 1,147,632,000 | 1,151,342,000 | 1,181,693,000 | 1,225,003,000 |