Call reports 2020
PROFINIUM, INC. — 2020
What PROFINIUM, INC. 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 | 392,508,000 | 467,454,000 | 486,739,000 | 507,884,000 |
| Total loans | 311,617,000 | 344,663,000 | 337,657,000 | 337,623,000 |
| Allowance for loan losses | 3,818,000 | 4,278,000 | 4,276,000 | 4,225,000 |
| Securities available for sale | 64,112,000 | 68,594,000 | 75,799,000 | 91,076,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,592,000 | 397,891,000 | 420,163,000 | 439,991,000 |
| Interest-bearing deposits | 269,444,000 | 334,417,000 | 355,210,000 | 367,761,000 |
| Noninterest-bearing deposits | 53,148,000 | 63,474,000 | 64,953,000 | 72,230,000 |
| Equity capital | 43,789,000 | 45,620,000 | 45,290,000 | 46,080,000 |
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 | 4,118,000 | 8,305,000 | 12,420,000 | 17,370,000 |
| Interest expense | 774,000 | 1,509,000 | 2,211,000 | 2,767,000 |
| Net interest income | 3,344,000 | 6,796,000 | 10,209,000 | 14,603,000 |
| Noninterest income | 613,000 | 2,543,000 | 3,438,000 | 2,601,000 |
| Noninterest expense | 2,912,000 | 6,074,000 | 8,873,000 | 11,683,000 |
| Provision for loan losses | 0 | 325,000 | 325,000 | 325,000 |
| Pretax income | 1,012,000 | 3,478,000 | 4,988,000 | 5,747,000 |
| Income tax | 265,000 | 962,000 | 1,379,000 | 1,578,000 |
| Net income | 747,000 | 2,516,000 | 3,609,000 | 4,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,259,000 | 41,028,000 | 40,460,000 | 41,021,000 |