Call reports 2020
SIMPLYBANK. — 2020
What SIMPLYBANK. 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 | 366,380,000 | 417,248,000 | 408,634,000 | 404,728,000 |
| Total loans | 307,321,000 | 319,893,000 | 311,058,000 | 310,968,000 |
| Allowance for loan losses | 3,639,000 | 3,810,000 | 3,963,000 | 4,060,000 |
| Securities available for sale | 27,592,000 | 28,295,000 | 39,039,000 | 42,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,930,000 | 368,010,000 | 362,268,000 | 358,497,000 |
| Interest-bearing deposits | 257,769,000 | 287,059,000 | 277,029,000 | 267,759,000 |
| Noninterest-bearing deposits | 62,161,000 | 80,951,000 | 85,239,000 | 90,738,000 |
| Equity capital | 33,297,000 | 35,972,000 | 36,331,000 | 36,381,000 |
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 | 4,669,000 | 10,091,000 | 14,648,000 | 19,098,000 |
| Interest expense | 909,000 | 1,731,000 | 2,444,000 | 3,028,000 |
| Net interest income | 3,760,000 | 8,360,000 | 12,204,000 | 16,070,000 |
| Noninterest income | 674,000 | 1,288,000 | 1,955,000 | 2,730,000 |
| Noninterest expense | 3,437,000 | 6,687,000 | 9,831,000 | 13,702,000 |
| Provision for loan losses | 75,000 | 275,000 | 425,000 | 575,000 |
| Pretax income | 979,000 | 2,743,000 | 3,961,000 | 4,581,000 |
| Income tax | 0 | 0 | 270,000 | 360,000 |
| Net income | 979,000 | 2,743,000 | 3,691,000 | 4,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,303,000 | 35,351,000 | 35,506,000 | 35,344,000 |