Call reports 2020
FIRST BANK OF GREENWICH, THE — 2020
What FIRST BANK OF GREENWICH, THE 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 | 427,770,000 | 504,024,000 | 483,884,000 | 457,535,000 |
| Total loans | 361,045,000 | 424,208,000 | 422,669,000 | 405,594,000 |
| Allowance for loan losses | 3,863,000 | 4,773,000 | 4,938,000 | 5,103,000 |
| Securities available for sale | 14,405,000 | 14,071,000 | 13,060,000 | 11,174,000 |
| Securities held to maturity | 0 | 0 | 1,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,557,000 | 357,344,000 | 357,029,000 | 352,237,000 |
| Interest-bearing deposits | 246,253,000 | 246,815,000 | 254,383,000 | 243,489,000 |
| Noninterest-bearing deposits | 75,304,000 | 110,529,000 | 102,646,000 | 108,748,000 |
| Equity capital | 38,211,000 | 38,880,000 | 39,737,000 | 40,920,000 |
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 | 4,205,000 | 8,545,000 | 13,207,000 | 18,394,000 |
| Interest expense | 1,357,000 | 2,490,000 | 3,492,000 | 4,377,000 |
| Net interest income | 2,848,000 | 6,055,000 | 9,715,000 | 14,017,000 |
| Noninterest income | 227,000 | 1,061,000 | 1,197,000 | 1,342,000 |
| Noninterest expense | 2,329,000 | 4,904,000 | 7,394,000 | 9,874,000 |
| Provision for loan losses | 560,000 | 1,470,000 | 1,635,000 | 1,800,000 |
| Pretax income | 186,000 | 742,000 | 1,883,000 | 3,657,000 |
| Income tax | 33,000 | 157,000 | 443,000 | 904,000 |
| Net income | 153,000 | 585,000 | 1,440,000 | 2,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,124,000 | 37,524,000 | 38,619,000 | 39,791,000 |
| Total capital | 41,007,000 | 41,643,000 | 42,598,000 | 43,782,000 |
| Risk-weighted assets | 314,221,000 | 328,723,000 | 317,190,000 | 318,152,000 |