Call reports 2020
FIRST SERVICE BANK — 2020
What FIRST SERVICE 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 | 370,477,000 | 401,951,000 | 420,660,000 | 446,710,000 |
| Total loans | 323,765,000 | 342,165,000 | 363,598,000 | 361,682,000 |
| Allowance for loan losses | 2,839,000 | 4,056,000 | 4,310,000 | 4,510,000 |
| Securities available for sale | 7,461,000 | 10,568,000 | 12,733,000 | 18,218,000 |
| Securities held to maturity | 5,001,000 | 4,897,000 | 4,731,000 | 4,547,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,994,000 | 355,705,000 | 367,621,000 | 384,603,000 |
| Interest-bearing deposits | 263,798,000 | 279,119,000 | 293,075,000 | 295,745,000 |
| Noninterest-bearing deposits | 52,195,000 | 76,587,000 | 74,547,000 | 88,859,000 |
| Equity capital | 31,975,000 | 33,512,000 | 39,787,000 | 47,927,000 |
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 | 4,818,000 | 9,888,000 | 14,999,000 | 21,424,000 |
| Interest expense | 1,149,000 | 2,153,000 | 3,070,000 | 3,906,000 |
| Net interest income | 3,669,000 | 7,735,000 | 11,929,000 | 17,518,000 |
| Noninterest income | 993,000 | 3,396,000 | 5,262,000 | 5,769,000 |
| Noninterest expense | 3,570,000 | 6,924,000 | 10,652,000 | 14,818,000 |
| Provision for loan losses | 214,000 | 1,527,000 | 1,740,000 | 1,953,000 |
| Pretax income | 878,000 | 2,680,000 | 4,799,000 | 6,516,000 |
| Income tax | 183,000 | 503,000 | 1,113,000 | 1,568,000 |
| Net income | 695,000 | 2,177,000 | 3,686,000 | 4,948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,004,000 | 33,275,000 | 39,576,000 | 47,686,000 |
| Total capital | 34,843,000 | 37,291,000 | — | — |
| Risk-weighted assets | 299,452,000 | 321,278,000 | — | — |