Call reports 2020
STRIDE BANK, NATIONAL ASSOCIATION — 2020
What STRIDE BANK, NATIONAL ASSOCIATION 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 | 794,938,000 | 1,209,723,000 | 1,171,643,000 | 1,123,488,000 |
| Total loans | 611,431,000 | 686,086,000 | 820,173,000 | 777,353,000 |
| Allowance for loan losses | 7,042,000 | 7,207,000 | 7,747,000 | 7,416,000 |
| Securities available for sale | 68,841,000 | 65,949,000 | 65,595,000 | 68,864,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 722,357,000 | 1,135,222,000 | 1,076,425,000 | 1,023,636,000 |
| Interest-bearing deposits | 399,692,000 | 437,903,000 | 356,573,000 | 361,483,000 |
| Noninterest-bearing deposits | 322,665,000 | 697,319,000 | 719,852,000 | 662,153,000 |
| Equity capital | 65,217,000 | 67,601,000 | 86,385,000 | 89,951,000 |
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 | 8,803,000 | 17,467,000 | 26,272,000 | 36,551,000 |
| Interest expense | 975,000 | 1,628,000 | 2,191,000 | 2,687,000 |
| Net interest income | 7,828,000 | 15,839,000 | 24,081,000 | 33,864,000 |
| Noninterest income | 2,885,000 | 6,059,000 | 10,374,000 | 15,661,000 |
| Noninterest expense | 8,362,000 | 17,003,000 | 26,770,000 | 35,816,000 |
| Provision for loan losses | 783,000 | 1,619,000 | 2,220,000 | 2,870,000 |
| Pretax income | 1,608,000 | 3,400,000 | 5,589,000 | 10,963,000 |
| Income tax | 807,000 | 1,312,000 | 1,859,000 | 3,183,000 |
| Net income | 801,000 | 2,088,000 | 3,730,000 | 7,780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,517,000 | 65,805,000 | 84,521,000 | 88,149,000 |
| Total capital | 71,559,000 | 73,012,000 | 92,268,000 | 95,565,000 |
| Risk-weighted assets | 670,201,000 | 651,326,000 | 686,373,000 | 721,226,000 |