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Call reports 2020

DAYSPRING BANK — 2020

What DAYSPRING BANK reported to the FFIEC in 2020, quarter by quarter.

PERIOD: 2020SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e6a002b6-6e58-4ba4-abf5-c2709046136a/2020

Balance sheet

What the bank holds and owes at quarter end

Measure2020Q12020Q22020Q32020Q4
Total assets602,858,000663,933,000684,214,000701,030,000
Total loans398,566,000450,933,000455,302,000457,671,000
Allowance for loan losses6,486,0007,164,0007,852,0008,955,000
Securities available for sale131,770,000147,315,000164,707,000178,572,000
Securities held to maturity0000
Trading assets84,00083,00072,00061,000
Total deposits382,420,000461,214,000492,948,000503,434,000
Interest-bearing deposits313,717,000373,212,000366,831,000384,217,000
Noninterest-bearing deposits68,703,00088,002,000126,117,000119,216,000
Equity capital70,283,00075,562,00079,466,00079,903,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2020Q12020Q22020Q32020Q4
Interest income7,074,00015,437,00022,355,00030,361,000
Interest expense1,697,0002,985,0003,975,0004,896,000
Net interest income5,377,00012,452,00018,380,00025,465,000
Noninterest income1,856,0003,115,0004,190,0005,046,000
Noninterest expense2,761,0005,879,0008,855,00012,108,000
Provision for loan losses450,0001,500,0002,100,0003,000,000
Pretax income4,166,0008,859,00012,896,00017,514,000
Income tax819,0001,713,0002,481,0003,364,000
Net income3,347,0007,146,00010,415,00014,150,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2020Q12020Q22020Q32020Q4
Tier 1 capital65,158,00068,978,00072,584,00072,319,000