Call reports 2020
WEST ALABAMA BANK & TRUST — 2020
What WEST ALABAMA BANK & TRUST 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 | 651,379,000 | 714,179,000 | 718,326,000 | 735,631,000 |
| Total loans | 389,829,000 | 387,947,000 | 391,658,000 | 391,706,000 |
| Allowance for loan losses | 4,344,000 | 4,571,000 | 4,584,000 | 4,814,000 |
| Securities available for sale | 190,794,000 | 252,894,000 | 270,314,000 | 273,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 537,618,000 | 593,202,000 | 598,130,000 | 615,240,000 |
| Interest-bearing deposits | 510,993,000 | 559,549,000 | 567,839,000 | 579,505,000 |
| Noninterest-bearing deposits | 26,625,000 | 33,653,000 | 30,291,000 | 35,735,000 |
| Equity capital | 90,020,000 | 94,398,000 | 95,825,000 | 95,262,000 |
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 | 6,558,000 | 12,815,000 | 19,204,000 | 25,548,000 |
| Interest expense | 1,655,000 | 3,156,000 | 4,636,000 | 6,048,000 |
| Net interest income | 4,903,000 | 9,659,000 | 14,568,000 | 19,500,000 |
| Noninterest income | 1,346,000 | 2,421,000 | 3,754,000 | 5,355,000 |
| Noninterest expense | 3,791,000 | 7,717,000 | 11,862,000 | 16,567,000 |
| Provision for loan losses | 0 | 300,000 | 600,000 | 900,000 |
| Pretax income | 2,473,000 | 4,153,000 | 5,985,000 | 7,514,000 |
| Income tax | 528,000 | 959,000 | 1,335,000 | 1,583,000 |
| Net income | 1,945,000 | 3,194,000 | 4,650,000 | 5,931,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,846,000 | 83,588,000 | 85,056,000 | 84,822,000 |