Call reports 2020
FINEMARK NATIONAL BANK & TRUST — 2020
What FINEMARK NATIONAL BANK & TRUST 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 | 2,460,325,000 | 2,518,136,000 | 2,606,372,000 | 2,848,058,000 |
| Total loans | 1,598,829,000 | 1,745,910,000 | 1,807,884,000 | 1,868,444,000 |
| Allowance for loan losses | 17,028,000 | 19,582,000 | 20,209,000 | 20,782,000 |
| Securities available for sale | 547,710,000 | 556,598,000 | 553,035,000 | 589,233,000 |
| Securities held to maturity | 30,207,000 | 61,971,000 | 65,981,000 | 64,908,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,837,080,000 | 1,923,490,000 | 1,983,539,000 | 2,233,737,000 |
| Interest-bearing deposits | 1,604,290,000 | 1,631,519,000 | 1,677,766,000 | 1,879,131,000 |
| Noninterest-bearing deposits | 232,790,000 | 291,971,000 | 305,773,000 | 354,606,000 |
| Equity capital | 210,487,000 | 229,010,000 | 241,740,000 | 255,844,000 |
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 | 18,942,000 | 38,249,000 | 57,334,000 | 76,507,000 |
| Interest expense | 5,868,000 | 9,700,000 | 13,094,000 | 16,360,000 |
| Net interest income | 13,074,000 | 28,549,000 | 44,240,000 | 60,147,000 |
| Noninterest income | 5,590,000 | 10,931,000 | 16,789,000 | 22,758,000 |
| Noninterest expense | 12,627,000 | 25,048,000 | 38,704,000 | 51,555,000 |
| Provision for loan losses | 1,183,000 | 3,746,000 | 4,376,000 | 4,986,000 |
| Pretax income | 7,545,000 | 14,748,000 | 23,077,000 | 32,076,000 |
| Income tax | 1,847,000 | 3,572,000 | 5,486,000 | 7,502,000 |
| Net income | 5,698,000 | 11,176,000 | 17,591,000 | 24,574,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 210,198,000 | 221,908,000 | 232,302,000 | 247,626,000 |
| Total capital | 227,226,000 | 239,961,000 | 250,847,000 | 267,164,000 |
| Risk-weighted assets | 1,385,300,000 | 1,442,713,000 | 1,481,955,000 | 1,561,764,000 |