Call reports 2020
CURRENCY BANK — 2020
What CURRENCY 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 | 60,167,000 | 62,313,000 | 63,943,000 | 65,674,000 |
| Total loans | 35,040,000 | 39,115,000 | 36,308,000 | 30,000,000 |
| Allowance for loan losses | 363,000 | 362,000 | 392,000 | 350,000 |
| Securities available for sale | 12,639,000 | 12,301,000 | 9,336,000 | 8,525,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,570,000 | 55,407,000 | 56,921,000 | 59,093,000 |
| Interest-bearing deposits | 41,106,000 | 41,855,000 | 42,843,000 | 42,913,000 |
| Noninterest-bearing deposits | 12,464,000 | 13,552,000 | 14,078,000 | 16,180,000 |
| Equity capital | 6,359,000 | 6,692,000 | 6,811,000 | 6,376,000 |
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 | 709,000 | 1,369,000 | 2,035,000 | 2,609,000 |
| Interest expense | 116,000 | 219,000 | 308,000 | 390,000 |
| Net interest income | 593,000 | 1,150,000 | 1,727,000 | 2,219,000 |
| Noninterest income | 89,000 | 164,000 | 241,000 | 322,000 |
| Noninterest expense | 440,000 | 898,000 | 1,352,000 | 1,897,000 |
| Provision for loan losses | 0 | 0 | 90,000 | 133,000 |
| Pretax income | 242,000 | 422,000 | 549,000 | 534,000 |
| Income tax | 51,000 | 88,000 | 103,000 | 117,000 |
| Net income | 191,000 | 334,000 | 446,000 | 417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,370,000 | 6,513,000 | 6,625,000 | 6,197,000 |
| Total capital | 6,733,000 | 6,875,000 | 7,017,000 | 6,547,000 |
| Risk-weighted assets | 46,578,000 | 50,040,000 | 47,370,000 | 39,931,000 |