Call reports 2020
FIRST PORT CITY BANK — 2020
What FIRST PORT CITY 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 | 258,170,000 | 286,919,000 | 298,748,000 | 302,883,000 |
| Total loans | 175,537,000 | 209,328,000 | 227,442,000 | 221,404,000 |
| Allowance for loan losses | 2,320,000 | 2,354,000 | 2,438,000 | 2,538,000 |
| Securities available for sale | 33,290,000 | 33,633,000 | 32,962,000 | 30,170,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,827,000 | 258,436,000 | 268,671,000 | 271,081,000 |
| Interest-bearing deposits | 183,790,000 | 200,476,000 | 208,595,000 | 207,429,000 |
| Noninterest-bearing deposits | 46,037,000 | 57,960,000 | 60,076,000 | 63,652,000 |
| Equity capital | 20,299,000 | 20,480,000 | 22,281,000 | 24,050,000 |
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 | 2,682,000 | 5,762,000 | 9,072,000 | 11,969,000 |
| Interest expense | 703,000 | 1,366,000 | 1,882,000 | 2,333,000 |
| Net interest income | 1,979,000 | 4,396,000 | 7,190,000 | 9,636,000 |
| Noninterest income | 202,000 | 442,000 | 990,000 | 1,472,000 |
| Noninterest expense | 1,874,000 | 3,954,000 | 6,007,000 | 8,323,000 |
| Provision for loan losses | 30,000 | 130,000 | 280,000 | 370,000 |
| Pretax income | 277,000 | 767,000 | 1,906,000 | 2,436,000 |
| Income tax | 50,000 | 138,000 | 276,000 | 476,000 |
| Net income | 227,000 | 629,000 | 1,630,000 | 1,960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,748,000 | 20,055,000 | 21,686,000 | 23,420,000 |
| Total capital | 22,005,000 | 22,360,000 | 24,100,000 | 25,920,000 |
| Risk-weighted assets | 180,746,000 | 184,323,000 | 193,064,000 | 199,871,000 |