Call reports 2020
BAC COMMUNITY BANK — 2020
What BAC 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 | 637,348,000 | 787,962,000 | 755,920,000 | 748,353,000 |
| Total loans | 456,244,000 | 520,629,000 | 532,002,000 | 515,477,000 |
| Allowance for loan losses | 6,094,000 | 6,299,000 | 6,505,000 | 6,692,000 |
| Securities available for sale | 131,459,000 | 142,176,000 | 170,098,000 | 177,695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 558,013,000 | 673,454,000 | 662,739,000 | 657,770,000 |
| Interest-bearing deposits | 336,131,000 | 395,505,000 | 370,733,000 | 383,981,000 |
| Noninterest-bearing deposits | 221,882,000 | 277,949,000 | 292,006,000 | 273,789,000 |
| Equity capital | 73,174,000 | 77,088,000 | 76,501,000 | 78,181,000 |
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 | 6,177,000 | 12,694,000 | 19,146,000 | 25,677,000 |
| Interest expense | 197,000 | 435,000 | 658,000 | 869,000 |
| Net interest income | 5,980,000 | 12,259,000 | 18,488,000 | 24,808,000 |
| Noninterest income | 545,000 | 1,027,000 | 1,522,000 | 2,033,000 |
| Noninterest expense | 4,386,000 | 7,930,000 | 12,623,000 | 17,585,000 |
| Provision for loan losses | 0 | 200,000 | 400,000 | 600,000 |
| Pretax income | 2,158,000 | 5,203,000 | 7,034,000 | 8,917,000 |
| Income tax | 75,000 | 178,000 | 245,000 | 312,000 |
| Net income | 2,083,000 | 5,025,000 | 6,789,000 | 8,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,276,000 | 72,221,000 | 71,648,000 | 72,772,000 |