Call reports 2020
SMARTBANK — 2020
What SMARTBANK 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 | 2,872,592,000 | 3,265,878,000 | 3,387,489,000 | 3,304,121,000 |
| Total loans | 2,145,292,000 | 2,414,614,000 | 2,415,349,000 | 2,393,965,000 |
| Allowance for loan losses | 13,431,000 | 16,254,000 | 18,817,000 | 18,346,000 |
| Securities available for sale | 201,002,000 | 219,631,000 | 214,634,000 | 215,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,353,663,000 | 2,551,046,000 | 2,660,440,000 | 2,814,155,000 |
| Interest-bearing deposits | 1,910,149,000 | 1,894,039,000 | 1,982,291,000 | 2,119,259,000 |
| Noninterest-bearing deposits | 443,514,000 | 657,007,000 | 678,149,000 | 694,897,000 |
| Equity capital | 363,606,000 | 372,479,000 | 378,686,000 | 384,743,000 |
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 | 27,998,000 | 57,943,000 | 87,802,000 | 117,612,000 |
| Interest expense | 4,844,000 | 8,459,000 | 11,690,000 | 14,412,000 |
| Net interest income | 23,154,000 | 49,484,000 | 76,112,000 | 103,200,000 |
| Noninterest income | 2,804,000 | 6,233,000 | 10,301,000 | 15,232,000 |
| Noninterest expense | 18,130,000 | 36,438,000 | 55,247,000 | 74,907,000 |
| Provision for loan losses | 3,199,000 | 6,050,000 | 8,683,000 | 8,683,000 |
| Pretax income | 4,629,000 | 13,245,000 | 22,489,000 | 34,848,000 |
| Income tax | 980,000 | 2,677,000 | 4,875,000 | 7,465,000 |
| Net income | 3,649,000 | 10,568,000 | 17,614,000 | 27,383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 281,674,000 | 288,739,000 | 294,051,000 | 299,314,000 |
| Total capital | 295,105,000 | 304,993,000 | 312,868,000 | 317,660,000 |
| Risk-weighted assets | 2,338,470,000 | 2,378,241,000 | 2,340,217,000 | 2,341,174,000 |