Call reports 2020
ADVANTAGE COMMUNITY BANK — 2020
What ADVANTAGE 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 |
|---|---|---|
| Total assets | 149,432,000 | 160,033,000 |
| Total loans | 93,815,000 | 89,225,000 |
| Allowance for loan losses | 1,161,000 | 1,161,000 |
| Securities available for sale | 24,090,000 | 24,391,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 125,594,000 | 134,983,000 |
| Interest-bearing deposits | 104,587,000 | 112,383,000 |
| Noninterest-bearing deposits | 21,007,000 | 22,600,000 |
| Equity capital | 20,209,000 | 21,058,000 |
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 |
|---|---|---|
| Interest income | 1,374,000 | 2,631,000 |
| Interest expense | 198,000 | 350,000 |
| Net interest income | 1,176,000 | 2,281,000 |
| Noninterest income | 233,000 | 684,000 |
| Noninterest expense | 829,000 | 1,606,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 580,000 | 1,359,000 |
| Income tax | 130,000 | 315,000 |
| Net income | 450,000 | 1,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Tier 1 capital | 19,572,000 | 20,116,000 |
| Total capital | 20,733,000 | 21,277,000 |
| Risk-weighted assets | 101,657,000 | 101,117,000 |