Call reports 2020
FRONTIER COMMUNITY BANK — 2020
What FRONTIER COMMUNITY 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 | 134,071,000 | 144,693,000 | 145,457,000 | 143,092,000 |
| Total loans | 108,690,000 | 121,585,000 | 120,402,000 | 118,602,000 |
| Allowance for loan losses | 1,100,000 | 1,196,000 | 1,243,000 | 1,100,000 |
| Securities available for sale | 0 | 0 | 0 | 6,168,000 |
| Securities held to maturity | 475,000 | 394,000 | 306,000 | 207,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,636,000 | 121,423,000 | 126,758,000 | 122,262,000 |
| Interest-bearing deposits | 104,090,000 | 104,614,000 | 110,858,000 | 104,287,000 |
| Noninterest-bearing deposits | 11,546,000 | 16,809,000 | 15,900,000 | 17,975,000 |
| Equity capital | 14,096,000 | 14,201,000 | 14,394,000 | 14,699,000 |
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 | 1,436,000 | 2,907,000 | 4,337,000 | 5,922,000 |
| Interest expense | 473,000 | 903,000 | 1,315,000 | 1,688,000 |
| Net interest income | 963,000 | 2,004,000 | 3,022,000 | 4,234,000 |
| Noninterest income | 57,000 | 99,000 | 226,000 | 294,000 |
| Noninterest expense | 781,000 | 1,637,000 | 2,493,000 | 3,348,000 |
| Provision for loan losses | 0 | 96,000 | 143,000 | 179,000 |
| Pretax income | 239,000 | 370,000 | 612,000 | 1,001,000 |
| Income tax | 51,000 | 81,000 | 133,000 | 217,000 |
| Net income | 188,000 | 289,000 | 479,000 | 784,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,096,000 | 14,201,000 | 14,394,000 | 14,703,000 |
| Total capital | 15,196,000 | 15,395,000 | 15,579,000 | 15,803,000 |
| Risk-weighted assets | 94,795,000 | 95,597,000 | 94,772,000 | 99,402,000 |