Call reports 2020
PROMISEONE BANK — 2020
What PROMISEONE 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 | 483,721,000 | 538,654,000 | 541,912,000 | 522,906,000 |
| Total loans | 329,211,000 | 354,654,000 | 364,058,000 | 362,337,000 |
| Allowance for loan losses | 3,828,000 | 3,782,000 | 4,005,000 | 4,234,000 |
| Securities available for sale | 73,360,000 | 67,955,000 | 73,976,000 | 71,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 419,980,000 | 469,151,000 | 478,632,000 | 459,758,000 |
| Interest-bearing deposits | 373,998,000 | 394,291,000 | 402,732,000 | 387,844,000 |
| Noninterest-bearing deposits | 45,982,000 | 74,860,000 | 75,900,000 | 71,914,000 |
| Equity capital | 56,341,000 | 59,936,000 | 60,578,000 | 61,313,000 |
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 | 5,627,000 | 10,580,000 | 15,541,000 | 22,234,000 |
| Interest expense | 1,914,000 | 3,660,000 | 5,210,000 | 6,481,000 |
| Net interest income | 3,713,000 | 6,920,000 | 10,331,000 | 15,753,000 |
| Noninterest income | 1,596,000 | 4,445,000 | 6,574,000 | 7,248,000 |
| Noninterest expense | 3,149,000 | 6,193,000 | 9,508,000 | 12,811,000 |
| Provision for loan losses | 494,000 | 747,000 | 983,000 | 1,290,000 |
| Pretax income | 1,666,000 | 4,425,000 | 6,821,000 | 9,307,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,666,000 | 4,425,000 | 6,821,000 | 9,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,250,000 | 58,677,000 | 59,542,000 | 60,210,000 |
| Total capital | 60,078,000 | 62,459,000 | 63,547,000 | 64,444,000 |
| Risk-weighted assets | 339,518,000 | 345,557,000 | 347,208,000 | 346,695,000 |