Call reports 2020
FOUNDATION BANK — 2020
What FOUNDATION 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 | 138,833,000 | 153,929,000 | 155,149,000 | 166,867,000 |
| Total loans | 74,635,000 | 76,348,000 | 77,239,000 | 77,425,000 |
| Allowance for loan losses | 1,848,000 | 1,896,000 | 1,893,000 | 1,994,000 |
| Securities available for sale | 10,600,000 | 8,385,000 | 9,255,000 | 14,535,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,728,000 | 133,082,000 | 133,252,000 | 147,651,000 |
| Interest-bearing deposits | 83,704,000 | 90,127,000 | 90,303,000 | 94,724,000 |
| Noninterest-bearing deposits | 35,024,000 | 42,955,000 | 42,949,000 | 52,927,000 |
| Equity capital | 18,729,000 | 19,475,000 | 20,231,000 | 17,714,000 |
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 | 2,205,000 | 4,550,000 | 6,766,000 | 9,046,000 |
| Interest expense | 191,000 | 381,000 | 545,000 | 690,000 |
| Net interest income | 2,014,000 | 4,169,000 | 6,221,000 | 8,356,000 |
| Noninterest income | 750,000 | 1,583,000 | 2,508,000 | 3,380,000 |
| Noninterest expense | 1,683,000 | 3,686,000 | 5,510,000 | 7,674,000 |
| Provision for loan losses | 132,000 | 215,000 | 248,000 | 416,000 |
| Pretax income | 949,000 | 1,851,000 | 2,971,000 | 3,646,000 |
| Income tax | 271,000 | 511,000 | 807,000 | 1,005,000 |
| Net income | 678,000 | 1,340,000 | 2,164,000 | 2,641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,772,000 | 19,434,000 | 20,258,000 | 17,735,000 |