Call reports 2020
FIRST BANK OF LINDEN — 2020
What FIRST BANK OF LINDEN 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 | 77,227,000 | 82,086,000 | 87,727,000 | 89,772,000 |
| Total loans | 26,898,000 | 23,698,000 | 23,690,000 | 24,568,000 |
| Allowance for loan losses | 325,000 | 322,000 | 312,000 | 304,000 |
| Securities available for sale | 36,795,000 | 43,448,000 | 49,039,000 | 50,426,000 |
| Securities held to maturity | 42,000 | 38,000 | 35,000 | 32,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,443,000 | 69,356,000 | 74,761,000 | 76,836,000 |
| Interest-bearing deposits | 53,445,000 | 54,875,000 | 57,651,000 | 58,089,000 |
| Noninterest-bearing deposits | 11,998,000 | 14,481,000 | 17,110,000 | 18,747,000 |
| Equity capital | 11,619,000 | 12,488,000 | 12,692,000 | 12,663,000 |
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 | 734,000 | 1,390,000 | 2,046,000 | 2,699,000 |
| Interest expense | 167,000 | 317,000 | 451,000 | 573,000 |
| Net interest income | 567,000 | 1,073,000 | 1,595,000 | 2,126,000 |
| Noninterest income | 64,000 | 118,000 | 186,000 | 259,000 |
| Noninterest expense | 521,000 | 981,000 | 1,497,000 | 2,147,000 |
| Provision for loan losses | 0 | 5,000 | 5,000 | 5,000 |
| Pretax income | 110,000 | 205,000 | 279,000 | 233,000 |
| Income tax | -2,000 | 1,000 | 9,000 | -113,000 |
| Net income | 112,000 | 204,000 | 270,000 | 346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,816,000 | 11,741,000 | 11,808,000 | 11,701,000 |
| Total capital | 12,141,000 | 12,063,000 | 12,120,000 | 12,005,000 |
| Risk-weighted assets | 40,470,000 | 41,019,000 | 41,653,000 | 43,358,000 |