Call reports 2020
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2020
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 142,020,000 | 156,378,000 | 160,317,000 | 155,983,000 |
| Total loans | 89,189,000 | 105,283,000 | 107,831,000 | 97,420,000 |
| Allowance for loan losses | 2,839,000 | 2,909,000 | 3,193,000 | 2,622,000 |
| Securities available for sale | 10,284,000 | 13,747,000 | 13,404,000 | 19,129,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,365,000 | 137,917,000 | 141,803,000 | 136,865,000 |
| Interest-bearing deposits | 93,747,000 | 86,782,000 | 91,257,000 | 86,649,000 |
| Noninterest-bearing deposits | 29,618,000 | 51,134,000 | 50,546,000 | 50,216,000 |
| Equity capital | 17,301,000 | 17,614,000 | 17,451,000 | 18,075,000 |
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 | 1,629,000 | 2,953,000 | 4,369,000 | 5,984,000 |
| Interest expense | 218,000 | 365,000 | 489,000 | 596,000 |
| Net interest income | 1,411,000 | 2,588,000 | 3,880,000 | 5,388,000 |
| Noninterest income | 366,000 | 476,000 | 533,000 | 602,000 |
| Noninterest expense | 1,671,000 | 3,125,000 | 4,662,000 | 6,153,000 |
| Provision for loan losses | 114,000 | 145,000 | 145,000 | -457,000 |
| Pretax income | -8,000 | -206,000 | -394,000 | 294,000 |
| Income tax | 2,000 | 3,000 | 9,000 | 11,000 |
| Net income | -10,000 | -209,000 | -403,000 | 283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,132,000 | 16,902,000 | 16,710,000 | 17,396,000 |
| Total capital | 18,277,000 | 18,014,000 | 17,845,000 | 18,485,000 |
| Risk-weighted assets | 89,850,000 | 87,022,000 | 88,721,000 | 85,562,000 |