Call reports 2020
WILLIAMSTOWN BANK, INC. — 2020
What WILLIAMSTOWN BANK, INC. 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 | 166,772,000 | 180,848,000 | 177,229,000 | 182,018,000 |
| Total loans | 135,153,000 | 130,330,000 | 128,765,000 | 128,107,000 |
| Allowance for loan losses | 1,709,000 | 1,785,000 | 1,902,000 | 1,901,000 |
| Securities available for sale | 12,746,000 | 13,527,000 | 13,501,000 | 13,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,760,000 | 151,910,000 | 148,283,000 | 152,946,000 |
| Interest-bearing deposits | 109,539,000 | 116,624,000 | 112,746,000 | 117,265,000 |
| Noninterest-bearing deposits | 28,221,000 | 35,286,000 | 35,537,000 | 35,681,000 |
| Equity capital | 20,974,000 | 20,984,000 | 20,951,000 | 21,205,000 |
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 | 1,890,000 | 3,708,000 | 5,501,000 | 7,300,000 |
| Interest expense | 267,000 | 545,000 | 769,000 | 980,000 |
| Net interest income | 1,623,000 | 3,163,000 | 4,732,000 | 6,320,000 |
| Noninterest income | 174,000 | 328,000 | 505,000 | 696,000 |
| Noninterest expense | 1,457,000 | 2,906,000 | 4,393,000 | 5,881,000 |
| Provision for loan losses | 38,000 | 156,000 | 280,000 | 230,000 |
| Pretax income | 302,000 | 429,000 | 564,000 | 905,000 |
| Income tax | 135,000 | 233,000 | 215,000 | 216,000 |
| Net income | 167,000 | 196,000 | 349,000 | 689,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,013,000 | 20,860,000 | 20,831,000 | 20,991,000 |