Call reports 2020
PROSPECT BANK — 2020
What PROSPECT 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 | 566,772,000 | 608,714,000 | 626,872,000 | 674,761,000 |
| Total loans | 361,706,000 | 382,743,000 | 400,175,000 | 394,261,000 |
| Allowance for loan losses | 3,082,000 | 3,601,000 | 3,861,000 | 3,773,000 |
| Securities available for sale | 164,165,000 | 178,806,000 | 190,180,000 | 234,060,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 3,787,000 | 3,095,000 | 4,291,000 |
| Total deposits | 475,191,000 | 513,197,000 | 527,404,000 | 566,724,000 |
| Interest-bearing deposits | 423,866,000 | 452,418,000 | 471,078,000 | 505,908,000 |
| Noninterest-bearing deposits | 51,325,000 | 60,779,000 | 56,326,000 | 60,816,000 |
| Equity capital | 55,328,000 | 56,607,000 | 57,476,000 | 58,894,000 |
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 | 5,334,000 | 10,989,000 | 16,031,000 | 21,290,000 |
| Interest expense | 1,498,000 | 2,626,000 | 3,369,000 | 3,975,000 |
| Net interest income | 3,836,000 | 8,363,000 | 12,662,000 | 17,315,000 |
| Noninterest income | 675,000 | 1,493,000 | 2,607,000 | 3,507,000 |
| Noninterest expense | 3,255,000 | 6,327,000 | 9,384,000 | 12,675,000 |
| Provision for loan losses | 300,000 | 800,000 | 1,050,000 | 1,600,000 |
| Pretax income | 1,015,000 | 2,788,000 | 4,912,000 | 6,636,000 |
| Income tax | -28,000 | -12,000 | 21,000 | 42,000 |
| Net income | 1,043,000 | 2,800,000 | 4,891,000 | 6,594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,391,000 | 52,173,000 | 53,550,000 | 55,127,000 |
| Total capital | 54,473,000 | 55,774,000 | 57,411,000 | 58,900,000 |
| Risk-weighted assets | 403,426,000 | 413,273,000 | 439,030,000 | 446,425,000 |