Call reports 2020
UNIVERSITY BANK — 2020
What UNIVERSITY 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 | 391,713,000 | 540,107,000 | 613,929,000 | 552,432,000 |
| Total loans | 267,898,000 | 297,581,000 | 311,200,000 | 307,916,000 |
| Allowance for loan losses | 1,113,000 | 4,563,000 | 4,600,000 | 4,000,000 |
| Securities available for sale | 340,000 | 335,000 | 323,000 | 318,000 |
| Securities held to maturity | 10,004,000 | 7,073,000 | 4,717,000 | 4,288,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,180,000 | 452,511,000 | 500,657,000 | 439,893,000 |
| Interest-bearing deposits | 11,638,000 | 12,454,000 | 16,897,000 | 19,567,000 |
| Noninterest-bearing deposits | 302,542,000 | 440,057,000 | 483,760,000 | 420,326,000 |
| Equity capital | 29,164,000 | 38,114,000 | 44,866,000 | 49,604,000 |
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 | 2,958,000 | 6,202,000 | 8,908,000 | 11,578,000 |
| Interest expense | 42,000 | 133,000 | 191,000 | 239,000 |
| Net interest income | 2,916,000 | 6,069,000 | 8,717,000 | 11,339,000 |
| Noninterest income | 14,872,000 | 52,747,000 | 93,617,000 | 126,821,000 |
| Noninterest expense | 17,975,000 | 43,063,000 | 70,220,000 | 96,058,000 |
| Provision for loan losses | 437,000 | 3,919,000 | 3,951,000 | 3,344,000 |
| Pretax income | -624,000 | 11,834,000 | 28,163,000 | 38,758,000 |
| Income tax | -131,000 | 2,485,000 | 5,924,000 | 8,077,000 |
| Net income | -330,000 | 8,619,000 | 20,180,000 | 27,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,039,000 | 40,432,000 | 47,419,000 | 52,315,000 |