Call reports 2020
DEERWOOD BANK — 2020
What DEERWOOD 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 | 725,733,000 | 886,247,000 | 907,703,000 | 934,746,000 |
| Total loans | 581,961,000 | 662,483,000 | 660,031,000 | 647,645,000 |
| Allowance for loan losses | 3,757,000 | 4,761,000 | 5,108,000 | 5,284,000 |
| Securities available for sale | 46,933,000 | 45,074,000 | 67,769,000 | 63,564,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 640,530,000 | 799,528,000 | 815,884,000 | 839,600,000 |
| Interest-bearing deposits | 463,834,000 | 526,807,000 | 542,574,000 | 567,996,000 |
| Noninterest-bearing deposits | 176,696,000 | 272,721,000 | 273,310,000 | 271,604,000 |
| Equity capital | 78,485,000 | 80,507,000 | 85,145,000 | 87,168,000 |
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 | 7,682,000 | 15,020,000 | 25,690,000 | 32,532,000 |
| Interest expense | 483,000 | 767,000 | 1,043,000 | 1,293,000 |
| Net interest income | 7,199,000 | 14,253,000 | 24,647,000 | 31,239,000 |
| Noninterest income | 1,226,000 | 3,919,000 | 6,689,000 | 9,838,000 |
| Noninterest expense | 5,775,000 | 11,699,000 | 17,731,000 | 24,493,000 |
| Provision for loan losses | 1,000,000 | 2,090,000 | 2,390,000 | 2,590,000 |
| Pretax income | 1,650,000 | 4,383,000 | 11,215,000 | 13,994,000 |
| Income tax | 531,000 | 1,035,000 | 3,050,000 | 3,881,000 |
| Net income | 1,119,000 | 3,348,000 | 8,165,000 | 10,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,115,000 | 65,413,000 | 70,518,000 | 73,473,000 |
| Total capital | 66,872,000 | 70,174,000 | 75,626,000 | 78,757,000 |
| Risk-weighted assets | 569,578,000 | 556,964,000 | 551,378,000 | 572,989,000 |