Call reports 2020
MEADOWS BANK — 2020
What MEADOWS 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 | 943,654,000 | 1,136,914,000 | 1,113,507,000 | 1,158,179,000 |
| Total loans | 813,085,000 | 994,637,000 | 1,013,756,000 | 1,001,831,000 |
| Allowance for loan losses | 8,690,000 | 10,456,000 | 12,064,000 | 13,264,000 |
| Securities available for sale | 14,223,000 | 13,230,000 | 11,684,000 | 9,943,000 |
| Securities held to maturity | 1,654,000 | 1,647,000 | 1,642,000 | 1,478,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 806,394,000 | 949,410,000 | 933,575,000 | 1,012,449,000 |
| Interest-bearing deposits | 494,313,000 | 536,756,000 | 540,706,000 | 585,882,000 |
| Noninterest-bearing deposits | 312,082,000 | 412,654,000 | 392,870,000 | 426,567,000 |
| Equity capital | 122,103,000 | 126,820,000 | 131,003,000 | 136,267,000 |
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 | 12,517,000 | 25,291,000 | 38,462,000 | 52,286,000 |
| Interest expense | 1,869,000 | 3,094,000 | 4,166,000 | 4,969,000 |
| Net interest income | 10,648,000 | 22,197,000 | 34,296,000 | 47,317,000 |
| Noninterest income | 799,000 | 1,725,000 | 2,750,000 | 4,598,000 |
| Noninterest expense | 6,243,000 | 11,222,000 | 17,263,000 | 24,111,000 |
| Provision for loan losses | 433,000 | 2,183,000 | 3,875,000 | 5,091,000 |
| Pretax income | 4,771,000 | 10,517,000 | 15,908,000 | 22,713,000 |
| Income tax | 1,050,000 | 2,314,000 | 3,576,000 | 5,071,000 |
| Net income | 3,721,000 | 8,203,000 | 12,332,000 | 17,642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,172,000 | 123,758,000 | 128,045,000 | 133,312,000 |