Call reports 2020
COVINGTON COUNTY BANK — 2020
What COVINGTON COUNTY 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 | 73,051,000 | 81,908,000 | 81,049,000 | 86,608,000 |
| Total loans | 41,434,000 | 40,833,000 | 41,070,000 | 40,992,000 |
| Allowance for loan losses | 107,000 | 109,000 | 108,000 | 145,000 |
| Securities available for sale | 23,615,000 | 25,942,000 | 27,348,000 | 24,742,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,711,000 | 73,294,000 | 72,496,000 | 78,297,000 |
| Interest-bearing deposits | 40,921,000 | 41,900,000 | 42,514,000 | 41,900,000 |
| Noninterest-bearing deposits | 23,790,000 | 31,394,000 | 29,982,000 | 36,397,000 |
| Equity capital | 7,595,000 | 8,165,000 | 8,120,000 | 7,873,000 |
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 | 764,000 | 1,446,000 | 2,117,000 | 2,761,000 |
| Interest expense | 163,000 | 306,000 | 428,000 | 538,000 |
| Net interest income | 601,000 | 1,140,000 | 1,689,000 | 2,223,000 |
| Noninterest income | 190,000 | 412,000 | 576,000 | 876,000 |
| Noninterest expense | 572,000 | 1,207,000 | 1,839,000 | 2,562,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 140,000 |
| Pretax income | 219,000 | 345,000 | 386,000 | 397,000 |
| Income tax | 62,000 | 96,000 | 109,000 | 118,000 |
| Net income | 157,000 | 249,000 | 277,000 | 279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,773,000 | 7,763,000 | 7,791,000 | 7,543,000 |
| Total capital | 7,880,000 | 7,872,000 | 7,899,000 | 7,688,000 |
| Risk-weighted assets | 58,580,000 | 44,552,000 | 44,979,000 | 47,822,000 |