Call reports 2020
CFG BANK — 2020
What CFG 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 | 1,289,712,000 | 1,721,978,000 | 1,977,670,000 | 1,714,351,000 |
| Total loans | 984,830,000 | 1,322,505,000 | 1,599,091,000 | 1,291,544,000 |
| Allowance for loan losses | 20,754,000 | 23,524,000 | 25,036,000 | 27,212,000 |
| Securities available for sale | 39,298,000 | 43,349,000 | 83,434,000 | 171,657,000 |
| Securities held to maturity | 2,126,000 | 1,907,000 | 1,894,000 | 46,812,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,093,137,000 | 1,420,296,000 | 1,519,974,000 | 1,494,580,000 |
| Interest-bearing deposits | 898,039,000 | 1,104,477,000 | 1,104,127,000 | 1,047,109,000 |
| Noninterest-bearing deposits | 195,098,000 | 315,819,000 | 415,847,000 | 447,471,000 |
| Equity capital | 167,306,000 | 168,565,000 | 172,948,000 | 183,491,000 |
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 | 16,821,000 | 35,089,000 | 55,808,000 | 79,694,000 |
| Interest expense | 4,537,000 | 9,694,000 | 15,452,000 | 21,615,000 |
| Net interest income | 12,284,000 | 25,395,000 | 40,356,000 | 58,079,000 |
| Noninterest income | 3,933,000 | 9,410,000 | 13,992,000 | 26,828,000 |
| Noninterest expense | 8,918,000 | 17,902,000 | 27,583,000 | 41,268,000 |
| Provision for loan losses | 3,000,000 | 6,400,000 | 7,900,000 | 9,121,000 |
| Pretax income | 4,299,000 | 10,503,000 | 18,865,000 | 34,874,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,299,000 | 10,503,000 | 18,865,000 | 34,874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,228,000 | 166,444,000 | 170,151,000 | 180,569,000 |
| Total capital | 180,451,000 | 184,036,000 | — | — |
| Risk-weighted assets | 1,212,038,000 | 1,401,162,000 | — | — |