Call reports 2020
PHILADELPHIA TRUST COMPANY, THE — 2020
What PHILADELPHIA TRUST COMPANY, THE 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 | 23,337,000 | 22,587,000 | 22,781,000 | 20,993,000 |
| Total loans | 7,218,000 | 7,148,000 | 7,676,000 | 7,001,000 |
| Allowance for loan losses | 124,000 | 124,000 | 124,000 | 124,000 |
| Securities available for sale | 1,510,000 | 1,504,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,558,000 | 5,558,000 | 5,458,000 | 5,408,000 |
| Interest-bearing deposits | 5,556,000 | 5,556,000 | 5,456,000 | 5,406,000 |
| Noninterest-bearing deposits | 2,000 | 2,000 | 2,000 | 2,000 |
| Equity capital | 16,256,000 | 15,547,000 | 15,896,000 | 14,324,000 |
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 | 106,000 | 200,000 | 288,000 | 358,000 |
| Interest expense | 28,000 | 50,000 | 65,000 | 72,000 |
| Net interest income | 78,000 | 150,000 | 223,000 | 286,000 |
| Noninterest income | 1,636,000 | 3,441,000 | 5,304,000 | 7,539,000 |
| Noninterest expense | 1,638,000 | 3,233,000 | 4,698,000 | 6,308,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 76,000 | 358,000 | 829,000 | 1,517,000 |
| Income tax | 16,000 | 87,000 | 205,000 | 333,000 |
| Net income | 60,000 | 271,000 | 624,000 | 1,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,246,000 | 15,543,000 | 15,896,000 | 14,324,000 |