Call reports 2020
OLD GLORY BANK — 2020
What OLD GLORY 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 | 16,266,000 | 18,925,000 | 19,445,000 | 20,203,000 |
| Total loans | 11,439,000 | 13,154,000 | 14,475,000 | 14,042,000 |
| Allowance for loan losses | 76,000 | 82,000 | 87,000 | 93,000 |
| Securities available for sale | 0 | 0 | 179,000 | 539,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,238,000 | 9,171,000 | 8,919,000 | 9,386,000 |
| Interest-bearing deposits | 3,721,000 | 3,820,000 | 3,470,000 | 3,370,000 |
| Noninterest-bearing deposits | 4,517,000 | 5,351,000 | 5,449,000 | 6,016,000 |
| Equity capital | 2,076,000 | 2,257,000 | 2,435,000 | 2,527,000 |
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 | 96,000 | 191,000 | 283,000 | 377,000 |
| Interest expense | 3,000 | 4,000 | 5,000 | 7,000 |
| Net interest income | 93,000 | 187,000 | 278,000 | 370,000 |
| Noninterest income | 1,025,000 | 2,363,000 | 4,384,000 | 6,138,000 |
| Noninterest expense | 1,018,000 | 2,211,000 | 4,113,000 | 5,835,000 |
| Provision for loan losses | 6,000 | 12,000 | 17,000 | 23,000 |
| Pretax income | 94,000 | 327,000 | 532,000 | 650,000 |
| Income tax | 0 | 52,000 | 79,000 | 105,000 |
| Net income | 94,000 | 275,000 | 453,000 | 545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,049,000 | 2,231,000 | 2,410,000 | 2,502,000 |
| Total capital | 2,125,000 | 2,313,000 | 2,497,000 | 2,595,000 |
| Risk-weighted assets | 8,897,000 | 10,483,000 | 10,780,000 | 11,133,000 |