Call reports 2020
CHARIS BANK — 2020
What CHARIS 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 | 130,158,000 | 134,539,000 | 144,063,000 | 184,085,000 |
| Total loans | 77,996,000 | 87,495,000 | 105,798,000 | 122,614,000 |
| Allowance for loan losses | 680,000 | 819,000 | 1,031,000 | 1,225,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 1,700,000 | 1,700,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,940,000 | 101,730,000 | 111,462,000 | 151,572,000 |
| Interest-bearing deposits | 44,846,000 | 53,537,000 | 60,190,000 | 68,018,000 |
| Noninterest-bearing deposits | 52,094,000 | 48,193,000 | 51,272,000 | 83,554,000 |
| Equity capital | 33,119,000 | 32,615,000 | 32,293,000 | 32,166,000 |
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 | 1,028,000 | 1,921,000 | 2,976,000 | 4,216,000 |
| Interest expense | 101,000 | 166,000 | 234,000 | 310,000 |
| Net interest income | 927,000 | 1,755,000 | 2,742,000 | 3,906,000 |
| Noninterest income | 56,000 | 109,000 | 187,000 | 411,000 |
| Noninterest expense | 1,233,000 | 2,480,000 | 3,654,000 | 4,975,000 |
| Provision for loan losses | 302,000 | 440,000 | 653,000 | 847,000 |
| Pretax income | -552,000 | -1,056,000 | -1,378,000 | -1,505,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -552,000 | -1,056,000 | -1,378,000 | -1,505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,878,000 | 27,446,000 | 27,195,000 | 27,139,000 |
| Total capital | 28,558,000 | 28,265,000 | 28,226,000 | 28,364,000 |
| Risk-weighted assets | 82,180,000 | 101,044,000 | 120,025,000 | 143,459,000 |