Call reports 2020
BANK OF ADVANCE, THE — 2020
What BANK OF ADVANCE, THE 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 | 350,159,000 | 346,374,000 | 356,176,000 | 382,027,000 |
| Total loans | 264,113,000 | 272,494,000 | 274,439,000 | 277,918,000 |
| Allowance for loan losses | 4,488,000 | 4,474,000 | 4,587,000 | 4,588,000 |
| Securities available for sale | 41,895,000 | 39,225,000 | 46,682,000 | 48,722,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 303,256,000 | 296,351,000 | 303,348,000 | 333,710,000 |
| Interest-bearing deposits | 253,097,000 | 238,665,000 | 247,004,000 | 273,365,000 |
| Noninterest-bearing deposits | 50,159,000 | 57,686,000 | 56,344,000 | 60,345,000 |
| Equity capital | 43,316,000 | 46,184,000 | 48,312,000 | 44,513,000 |
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 | 4,502,000 | 8,832,000 | 13,214,000 | 17,847,000 |
| Interest expense | 770,000 | 1,475,000 | 2,119,000 | 2,691,000 |
| Net interest income | 3,732,000 | 7,357,000 | 11,095,000 | 15,156,000 |
| Noninterest income | 605,000 | 1,140,000 | 1,720,000 | 2,453,000 |
| Noninterest expense | 2,413,000 | 4,536,000 | 6,813,000 | 9,290,000 |
| Provision for loan losses | 130,000 | 250,000 | 371,000 | 505,000 |
| Pretax income | 1,822,000 | 3,750,000 | 5,746,000 | 7,832,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,822,000 | 3,750,000 | 5,746,000 | 7,832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,057,000 | 44,985,000 | 46,987,000 | 43,081,000 |
| Total capital | 46,319,000 | — | — | — |
| Risk-weighted assets | 259,736,000 | — | — | — |