Call reports 2020
CONSTITUTION BANK, NATIONAL ASSOCIATION — 2020
What CONSTITUTION BANK, NATIONAL ASSOCIATION 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 | 391,438,000 | 422,718,000 | 442,376,000 | 459,666,000 |
| Total loans | 279,032,000 | 301,502,000 | 306,749,000 | 304,809,000 |
| Allowance for loan losses | 4,205,000 | 4,353,000 | 4,523,000 | 4,767,000 |
| Securities available for sale | 74,608,000 | 75,605,000 | 93,793,000 | 115,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 346,780,000 | 372,188,000 | 391,071,000 | 411,593,000 |
| Interest-bearing deposits | 232,904,000 | 239,777,000 | 249,422,000 | 254,955,000 |
| Noninterest-bearing deposits | 113,876,000 | 132,411,000 | 141,649,000 | 156,638,000 |
| Equity capital | 43,322,000 | 45,048,000 | 46,136,000 | 46,901,000 |
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 | 3,902,000 | 7,851,000 | 12,054,000 | 15,895,000 |
| Interest expense | 773,000 | 1,540,000 | 2,284,000 | 3,013,000 |
| Net interest income | 3,129,000 | 6,311,000 | 9,770,000 | 12,882,000 |
| Noninterest income | 478,000 | 1,481,000 | 2,343,000 | 3,386,000 |
| Noninterest expense | 2,181,000 | 4,424,000 | 6,762,000 | 9,187,000 |
| Provision for loan losses | 17,000 | 122,000 | 274,000 | 565,000 |
| Pretax income | 1,409,000 | 3,269,000 | 5,100,000 | 6,539,000 |
| Income tax | 408,000 | 948,000 | 1,479,000 | 1,743,000 |
| Net income | 1,001,000 | 2,321,000 | 3,621,000 | 4,796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,689,000 | 42,759,000 | 43,809,000 | 44,734,000 |