Call reports 2020
BEACON COMMUNITY BANK — 2020
What BEACON COMMUNITY 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 | 161,029,000 | 231,327,000 | 261,257,000 | 283,623,000 |
| Total loans | 128,704,000 | 202,705,000 | 236,859,000 | 250,472,000 |
| Allowance for loan losses | 1,609,000 | 1,933,000 | 2,349,000 | 2,613,000 |
| Securities available for sale | 6,804,000 | 6,791,000 | 10,737,000 | 16,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,567,000 | 166,662,000 | 184,497,000 | 207,764,000 |
| Interest-bearing deposits | 118,334,000 | 133,945,000 | 152,157,000 | 174,769,000 |
| Noninterest-bearing deposits | 9,233,000 | 32,717,000 | 32,340,000 | 32,995,000 |
| Equity capital | 28,529,000 | 28,227,000 | 28,430,000 | 28,865,000 |
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 | 1,559,000 | 3,430,000 | 5,724,000 | 8,318,000 |
| Interest expense | 472,000 | 904,000 | 1,340,000 | 1,783,000 |
| Net interest income | 1,087,000 | 2,526,000 | 4,384,000 | 6,535,000 |
| Noninterest income | 30,000 | 67,000 | 120,000 | 186,000 |
| Noninterest expense | 1,503,000 | 3,144,000 | 4,543,000 | 6,216,000 |
| Provision for loan losses | 275,000 | 599,000 | 1,015,000 | 1,279,000 |
| Pretax income | -661,000 | -1,038,000 | -942,000 | -662,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -661,000 | -1,038,000 | -942,000 | -662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,354,000 | 28,056,000 | 28,232,000 | 28,591,000 |
| Total capital | 29,838,000 | 29,765,000 | 30,246,000 | 30,941,000 |
| Risk-weighted assets | 118,664,000 | 136,521,000 | 160,859,000 | 187,787,000 |