Call reports 2020
AMERICAN FEDERAL BANK — 2020
What AMERICAN FEDERAL 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 | 627,097,000 | 678,582,000 | 678,000,000 | 669,655,000 |
| Total loans | 540,536,000 | 595,375,000 | 595,589,000 | 581,525,000 |
| Allowance for loan losses | 6,333,000 | 6,833,000 | 6,596,000 | 6,435,000 |
| Securities available for sale | 48,408,000 | 54,393,000 | 51,392,000 | 54,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 450,404,000 | 523,463,000 | 528,256,000 | 568,842,000 |
| Interest-bearing deposits | 366,560,000 | 404,200,000 | 412,772,000 | 436,654,000 |
| Noninterest-bearing deposits | 83,844,000 | 119,263,000 | 115,484,000 | 132,188,000 |
| Equity capital | 54,601,000 | 58,869,000 | 60,832,000 | 59,038,000 |
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 | 7,372,000 | 15,923,000 | 22,769,000 | 27,789,000 |
| Interest expense | 1,401,000 | 2,284,000 | 3,133,000 | 3,834,000 |
| Net interest income | 5,971,000 | 13,639,000 | 19,636,000 | 23,955,000 |
| Noninterest income | 921,000 | 2,707,000 | 4,251,000 | 5,587,000 |
| Noninterest expense | 4,679,000 | 9,542,000 | 14,575,000 | 17,781,000 |
| Provision for loan losses | 500,000 | 1,000,000 | 1,500,000 | 1,500,000 |
| Pretax income | 1,700,000 | 5,795,000 | 7,803,000 | 10,257,000 |
| Income tax | 0 | 2,000 | 3,000 | 4,000 |
| Net income | 1,700,000 | 5,793,000 | 7,800,000 | 10,253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,245,000 | 58,338,000 | 60,345,000 | 58,498,000 |
| Total capital | 60,043,000 | 64,206,000 | 66,166,000 | 64,262,000 |
| Risk-weighted assets | 463,355,000 | 468,542,000 | 464,923,000 | 460,489,000 |