Call reports 2020
MONTROSE SAVINGS BANK — 2020
What MONTROSE SAVINGS 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 | 42,134,000 | 44,774,000 | 46,427,000 | 48,207,000 |
| Total loans | 27,976,000 | 28,569,000 | 28,385,000 | 27,963,000 |
| Allowance for loan losses | 454,000 | 461,000 | 470,000 | 479,000 |
| Securities available for sale | 8,480,000 | 8,055,000 | 9,173,000 | 11,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,437,000 | 37,835,000 | 39,457,000 | 41,262,000 |
| Interest-bearing deposits | 28,259,000 | 30,127,000 | 31,502,000 | 33,019,000 |
| Noninterest-bearing deposits | 7,178,000 | 7,708,000 | 7,955,000 | 8,243,000 |
| Equity capital | 6,644,000 | 6,893,000 | 6,921,000 | 6,899,000 |
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 | 442,000 | 908,000 | 1,350,000 | 1,784,000 |
| Interest expense | 46,000 | 96,000 | 147,000 | 196,000 |
| Net interest income | 396,000 | 812,000 | 1,203,000 | 1,588,000 |
| Noninterest income | 26,000 | 46,000 | 79,000 | 101,000 |
| Noninterest expense | 227,000 | 466,000 | 702,000 | 952,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 187,000 | 375,000 | 554,000 | 702,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 187,000 | 375,000 | 554,000 | 702,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,585,000 | 6,773,000 | 6,787,000 | 6,770,000 |