Call reports 2020
MORRIS COUNTY NATIONAL BANK — 2020
What MORRIS COUNTY NATIONAL 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 | 88,330,000 | 94,494,000 | 94,497,000 | 89,334,000 |
| Total loans | 54,683,000 | 57,065,000 | 55,463,000 | 52,913,000 |
| Allowance for loan losses | 1,206,000 | 1,186,000 | 1,218,000 | 1,209,000 |
| Securities available for sale | 20,055,000 | 20,467,000 | 22,039,000 | 20,090,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,796,000 | 83,893,000 | 83,742,000 | 78,564,000 |
| Interest-bearing deposits | 60,747,000 | 63,524,000 | 63,777,000 | 61,530,000 |
| Noninterest-bearing deposits | 13,049,000 | 20,369,000 | 19,965,000 | 17,034,000 |
| Equity capital | 9,375,000 | 10,414,000 | 10,594,000 | 10,622,000 |
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 | 1,017,000 | 2,090,000 | 2,898,000 | 3,509,000 |
| Interest expense | 198,000 | 379,000 | 507,000 | 615,000 |
| Net interest income | 819,000 | 1,711,000 | 2,391,000 | 2,894,000 |
| Noninterest income | 599,000 | 695,000 | 818,000 | 1,169,000 |
| Noninterest expense | 866,000 | 1,647,000 | 2,283,000 | 3,110,000 |
| Provision for loan losses | 166,000 | 166,000 | 202,000 | 202,000 |
| Pretax income | 386,000 | 593,000 | 724,000 | 751,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 386,000 | 593,000 | 724,000 | 751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,587,000 | 9,796,000 | 9,927,000 | 10,622,000 |
| Total capital | 10,331,000 | 10,603,000 | 10,702,000 | 11,349,000 |
| Risk-weighted assets | 59,078,000 | 64,194,000 | 61,565,000 | 57,617,000 |