Call reports 2020
QUONTIC BANK — 2020
What QUONTIC 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 | 480,774,000 | 1,009,683,000 | 1,380,124,000 | 1,377,593,000 |
| Total loans | 347,022,000 | 889,711,000 | 1,232,245,000 | 1,255,167,000 |
| Allowance for loan losses | 1,092,000 | 1,517,000 | 1,517,000 | 1,524,000 |
| Securities available for sale | 5,020,000 | 5,127,000 | 5,131,000 | 5,148,000 |
| Securities held to maturity | 997,000 | 998,000 | 998,000 | 999,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 386,453,000 | 417,024,000 | 424,649,000 | 427,458,000 |
| Interest-bearing deposits | 359,541,000 | 392,420,000 | 393,922,000 | 400,098,000 |
| Noninterest-bearing deposits | 26,913,000 | 24,604,000 | 30,727,000 | 27,361,000 |
| Equity capital | 47,444,000 | 47,236,000 | 51,158,000 | 56,279,000 |
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 | 5,191,000 | 11,500,000 | 20,241,000 | 26,981,000 |
| Interest expense | 1,862,000 | 3,802,000 | 5,814,000 | 7,697,000 |
| Net interest income | 3,329,000 | 7,698,000 | 14,427,000 | 19,284,000 |
| Noninterest income | 4,626,000 | 5,986,000 | 9,742,000 | 20,092,000 |
| Noninterest expense | 6,549,000 | 12,319,000 | 21,314,000 | 32,313,000 |
| Provision for loan losses | 40,000 | 465,000 | 465,000 | 565,000 |
| Pretax income | 1,366,000 | 900,000 | 2,390,000 | 6,498,000 |
| Income tax | 729,000 | 581,000 | 1,053,000 | 2,060,000 |
| Net income | 637,000 | 319,000 | 1,337,000 | 4,438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,778,000 | 45,460,000 | 49,378,000 | 54,235,000 |