Call reports 2020
FIRST NATIONAL BANK OF ABSECON — 2020
What FIRST NATIONAL BANK OF ABSECON 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 | 147,119,000 | 160,505,000 | 161,266,000 | 165,146,000 |
| Total loans | 79,566,000 | 97,768,000 | 99,960,000 | 94,109,000 |
| Allowance for loan losses | 901,000 | 968,000 | 992,000 | 1,031,000 |
| Securities available for sale | 45,991,000 | 42,139,000 | 40,525,000 | 43,081,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,601,000 | 142,056,000 | 142,559,000 | 146,580,000 |
| Interest-bearing deposits | 105,884,000 | 113,703,000 | 114,769,000 | 118,591,000 |
| Noninterest-bearing deposits | 23,717,000 | 28,353,000 | 27,790,000 | 27,989,000 |
| Equity capital | 16,685,000 | 17,258,000 | 17,454,000 | 17,088,000 |
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 | 1,317,000 | 2,667,000 | 4,012,000 | 5,425,000 |
| Interest expense | 45,000 | 88,000 | 120,000 | 148,000 |
| Net interest income | 1,272,000 | 2,579,000 | 3,892,000 | 5,277,000 |
| Noninterest income | 70,000 | 136,000 | 221,000 | 304,000 |
| Noninterest expense | 1,089,000 | 2,185,000 | 3,272,000 | 4,301,000 |
| Provision for loan losses | 107,000 | 174,000 | 198,000 | 285,000 |
| Pretax income | 197,000 | 407,000 | 694,000 | 1,046,000 |
| Income tax | 44,000 | 89,000 | 137,000 | 191,000 |
| Net income | 153,000 | 318,000 | 557,000 | 855,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,517,000 | 16,333,000 | 16,485,000 | 16,199,000 |
| Total capital | 17,433,000 | — | — | — |
| Risk-weighted assets | 76,039,000 | — | — | — |