Call reports 2020
PATRIOTS BANK — 2020
What PATRIOTS 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 | 131,531,000 | 144,461,000 | 144,957,000 | 157,844,000 |
| Total loans | 95,088,000 | 97,829,000 | 101,520,000 | 107,628,000 |
| Allowance for loan losses | 975,000 | 1,004,000 | 1,026,000 | 1,053,000 |
| Securities available for sale | 19,889,000 | 21,021,000 | 21,846,000 | 22,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,053,000 | 120,969,000 | 121,450,000 | 134,062,000 |
| Interest-bearing deposits | 92,596,000 | 96,130,000 | 95,759,000 | 103,595,000 |
| Noninterest-bearing deposits | 21,458,000 | 24,839,000 | 25,691,000 | 30,467,000 |
| Equity capital | 13,164,000 | 14,125,000 | 14,496,000 | 15,006,000 |
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 | 1,558,000 | 3,179,000 | 4,851,000 | 6,628,000 |
| Interest expense | 258,000 | 512,000 | 739,000 | 955,000 |
| Net interest income | 1,300,000 | 2,667,000 | 4,112,000 | 5,673,000 |
| Noninterest income | 166,000 | 338,000 | 515,000 | 756,000 |
| Noninterest expense | 1,160,000 | 2,271,000 | 3,466,000 | 4,750,000 |
| Provision for loan losses | 13,000 | 42,000 | 65,000 | 93,000 |
| Pretax income | 293,000 | 692,000 | 1,096,000 | 1,586,000 |
| Income tax | -28,000 | -11,000 | 6,000 | 27,000 |
| Net income | 321,000 | 703,000 | 1,090,000 | 1,559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,305,000 | 13,658,000 | 14,004,000 | 14,474,000 |