Call reports 2020
FIRST NATIONAL BANK OF SOUTH PADRE ISLAND — 2020
What FIRST NATIONAL BANK OF SOUTH PADRE ISLAND 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 | 57,945,000 | 64,933,000 | 69,423,000 | 66,834,000 |
| Total loans | 28,713,000 | 30,822,000 | 29,765,000 | 26,932,000 |
| Allowance for loan losses | 541,000 | 541,000 | 562,000 | 562,000 |
| Securities available for sale | 3,297,000 | 2,787,000 | 2,763,000 | 2,966,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,313,000 | 58,136,000 | 62,612,000 | 60,030,000 |
| Interest-bearing deposits | 32,848,000 | 35,238,000 | 38,735,000 | 37,562,000 |
| Noninterest-bearing deposits | 18,465,000 | 22,898,000 | 23,877,000 | 22,468,000 |
| Equity capital | 6,580,000 | 6,724,000 | 6,717,000 | 6,766,000 |
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 | 581,000 | 1,195,000 | 1,692,000 | 2,150,000 |
| Interest expense | 68,000 | 119,000 | 163,000 | 202,000 |
| Net interest income | 513,000 | 1,076,000 | 1,529,000 | 1,948,000 |
| Noninterest income | 31,000 | 52,000 | 101,000 | 126,000 |
| Noninterest expense | 405,000 | 852,000 | 1,279,000 | 1,667,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 143,000 | 291,000 | 366,000 | 422,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 143,000 | 291,000 | 366,000 | 422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,530,000 | 6,679,000 | 6,679,000 | 6,735,000 |