Call reports 2020
INDUSTRIAL BANK — 2020
What INDUSTRIAL 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 | 559,758,000 | 599,825,000 | 553,826,000 | 559,802,000 |
| Total loans | 347,216,000 | 360,633,000 | 357,580,000 | 354,842,000 |
| Allowance for loan losses | 3,811,000 | 4,963,000 | 5,466,000 | 5,179,000 |
| Securities available for sale | 92,202,000 | 95,002,000 | 94,496,000 | 88,877,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 507,233,000 | 540,640,000 | 498,841,000 | 502,187,000 |
| Interest-bearing deposits | 382,707,000 | 405,018,000 | 350,096,000 | 360,044,000 |
| Noninterest-bearing deposits | 124,526,000 | 135,622,000 | 148,745,000 | 142,143,000 |
| Equity capital | 41,153,000 | 44,013,000 | 43,358,000 | 47,775,000 |
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 | 5,591,000 | 10,719,000 | 15,945,000 | 21,040,000 |
| Interest expense | 645,000 | 1,137,000 | 1,533,000 | 1,814,000 |
| Net interest income | 4,946,000 | 9,582,000 | 14,412,000 | 19,226,000 |
| Noninterest income | 978,000 | 7,092,000 | 8,065,000 | 16,659,000 |
| Noninterest expense | 6,354,000 | 13,254,000 | 19,520,000 | 26,268,000 |
| Provision for loan losses | 91,000 | 1,201,000 | 1,702,000 | 1,869,000 |
| Pretax income | -507,000 | 2,237,000 | 1,271,000 | 7,761,000 |
| Income tax | -139,000 | 585,000 | 380,000 | 2,087,000 |
| Net income | -368,000 | 1,652,000 | 891,000 | 5,674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,894,000 | 40,914,000 | 40,122,000 | 44,729,000 |
| Total capital | 42,705,000 | 45,530,000 | 44,439,000 | 49,035,000 |
| Risk-weighted assets | 362,418,000 | 368,966,000 | 344,311,000 | 343,569,000 |