Call reports 2020
SULLIVAN BANK — 2020
What SULLIVAN 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 | 544,572,000 | 584,882,000 | 591,754,000 | 628,718,000 |
| Total loans | 457,946,000 | 472,161,000 | 501,928,000 | 521,518,000 |
| Allowance for loan losses | 7,276,000 | 7,466,000 | 7,633,000 | 6,861,000 |
| Securities available for sale | 35,328,000 | 40,453,000 | 54,005,000 | 40,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 469,510,000 | 504,952,000 | 511,124,000 | 539,769,000 |
| Interest-bearing deposits | 401,327,000 | 411,452,000 | 403,612,000 | 432,984,000 |
| Noninterest-bearing deposits | 68,183,000 | 93,500,000 | 107,512,000 | 106,785,000 |
| Equity capital | 54,051,000 | 56,846,000 | 58,716,000 | 61,181,000 |
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 | 6,053,000 | 11,902,000 | 17,727,000 | 24,168,000 |
| Interest expense | 1,321,000 | 2,485,000 | 3,453,000 | 4,270,000 |
| Net interest income | 4,732,000 | 9,417,000 | 14,274,000 | 19,898,000 |
| Noninterest income | 690,000 | 1,776,000 | 2,977,000 | 5,126,000 |
| Noninterest expense | 3,390,000 | 6,767,000 | 10,099,000 | 13,500,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,854,000 |
| Pretax income | 2,241,000 | 4,581,000 | 7,017,000 | 10,921,000 |
| Income tax | 452,000 | 927,000 | 1,457,000 | 2,238,000 |
| Net income | 1,789,000 | 3,654,000 | 5,560,000 | 8,683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,009,000 | 54,622,000 | 56,268,000 | 59,120,000 |
| Total capital | 58,196,000 | 60,059,000 | 61,862,000 | 65,054,000 |
| Risk-weighted assets | 412,921,000 | 432,937,000 | 445,552,000 | 473,807,000 |