Call reports 2020
NORTHEAST COMMUNITY BANK — 2020
What NORTHEAST COMMUNITY 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 | 899,928,000 | 943,180,000 | 951,247,000 | 960,059,000 |
| Total loans | 787,873,000 | 802,742,000 | 807,119,000 | 820,875,000 |
| Allowance for loan losses | 4,613,000 | 5,138,000 | 5,359,000 | 5,059,000 |
| Securities available for sale | 4,000 | 4,000 | 3,000 | 2,000 |
| Securities held to maturity | 8,861,000 | 8,537,000 | 7,841,000 | 7,381,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 728,315,000 | 768,753,000 | 766,876,000 | 775,552,000 |
| Interest-bearing deposits | 584,919,000 | 586,994,000 | 560,076,000 | 550,335,000 |
| Noninterest-bearing deposits | 143,396,000 | 181,760,000 | 206,801,000 | 225,217,000 |
| Equity capital | 133,136,000 | 135,648,000 | 138,819,000 | 142,180,000 |
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 | 12,809,000 | 25,202,000 | 37,398,000 | 48,695,000 |
| Interest expense | 3,277,000 | 6,132,000 | 8,376,000 | 10,174,000 |
| Net interest income | 9,532,000 | 19,070,000 | 29,022,000 | 38,521,000 |
| Noninterest income | 677,000 | 1,125,000 | 1,652,000 | 2,225,000 |
| Noninterest expense | 6,253,000 | 12,620,000 | 18,823,000 | 24,879,000 |
| Provision for loan losses | 6,000 | 524,000 | 751,000 | 803,000 |
| Pretax income | 4,156,000 | 7,350,000 | 11,399,000 | 15,352,000 |
| Income tax | 972,000 | 1,714,000 | 2,659,000 | 3,217,000 |
| Net income | 3,184,000 | 5,636,000 | 8,740,000 | 12,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,094,000 | 132,915,000 | 135,006,000 | 137,962,000 |
| Total capital | 134,707,000 | 138,053,000 | 140,365,000 | 143,021,000 |
| Risk-weighted assets | 940,252,000 | 960,170,000 | 991,903,000 | 1,042,945,000 |