Call reports 2020
SOLVAY BANK — 2020
What SOLVAY 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 | 979,963,000 | 1,092,512,000 | 1,065,997,000 | 1,041,470,000 |
| Total loans | 594,953,000 | 658,224,000 | 654,510,000 | 629,256,000 |
| Allowance for loan losses | 6,270,000 | 6,696,000 | 7,071,000 | 7,456,000 |
| Securities available for sale | 252,765,000 | 243,405,000 | 263,191,000 | 279,468,000 |
| Securities held to maturity | 25,814,000 | 23,219,000 | 16,626,000 | 15,014,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 829,997,000 | 945,148,000 | 923,865,000 | 906,713,000 |
| Interest-bearing deposits | 627,395,000 | 652,377,000 | 642,756,000 | 615,209,000 |
| Noninterest-bearing deposits | 202,602,000 | 292,771,000 | 281,109,000 | 291,504,000 |
| Equity capital | 94,553,000 | 97,264,000 | 98,135,000 | 98,793,000 |
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 | 7,860,000 | 15,679,000 | 23,160,000 | 30,703,000 |
| Interest expense | 1,706,000 | 3,180,000 | 4,421,000 | 5,490,000 |
| Net interest income | 6,154,000 | 12,499,000 | 18,739,000 | 25,213,000 |
| Noninterest income | 1,260,000 | 2,378,000 | 3,623,000 | 4,935,000 |
| Noninterest expense | 4,772,000 | 9,626,000 | 14,313,000 | 19,519,000 |
| Provision for loan losses | 675,000 | 1,100,000 | 1,525,000 | 1,950,000 |
| Pretax income | 2,028,000 | 4,211,000 | 6,704,000 | 8,894,000 |
| Income tax | 357,000 | 775,000 | 1,176,000 | 1,596,000 |
| Net income | 1,671,000 | 3,436,000 | 5,528,000 | 7,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,534,000 | 93,471,000 | 94,736,000 | 95,677,000 |