Call reports 2020
APEX BANK — 2020
What APEX 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 | 598,481,000 | 873,722,000 | 872,746,000 | 904,999,000 |
| Total loans | 450,355,000 | 717,551,000 | 694,067,000 | 670,643,000 |
| Allowance for loan losses | 5,973,000 | 8,270,000 | 8,268,000 | 8,101,000 |
| Securities available for sale | 1,575,000 | 1,612,000 | 1,611,000 | 1,611,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 465,343,000 | 719,570,000 | 714,385,000 | 749,680,000 |
| Interest-bearing deposits | 409,191,000 | 648,127,000 | 640,737,000 | 671,262,000 |
| Noninterest-bearing deposits | 56,152,000 | 71,442,000 | 73,648,000 | 78,417,000 |
| Equity capital | 92,555,000 | 95,418,000 | 102,963,000 | 107,956,000 |
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 | 10,932,000 | 22,147,000 | 36,590,000 | 51,905,000 |
| Interest expense | 1,578,000 | 3,548,000 | 5,611,000 | 7,596,000 |
| Net interest income | 9,354,000 | 18,599,000 | 30,979,000 | 44,309,000 |
| Noninterest income | 1,025,000 | 5,583,000 | 8,312,000 | 10,717,000 |
| Noninterest expense | 4,933,000 | 9,805,000 | 14,887,000 | 20,963,000 |
| Provision for loan losses | 0 | 2,500,000 | 2,500,000 | 2,500,000 |
| Pretax income | 5,446,000 | 11,877,000 | 21,904,000 | 31,563,000 |
| Income tax | 1,350,000 | 2,941,000 | 5,416,000 | 7,579,000 |
| Net income | 4,096,000 | 8,936,000 | 16,488,000 | 23,984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,041,000 | 85,926,000 | 93,524,000 | 98,565,000 |