Call reports 2020
LUSITANIA SAVINGS BANK — 2020
What LUSITANIA 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 | 335,068,000 | 348,940,000 | 354,970,000 | 365,552,000 |
| Total loans | 159,027,000 | 157,258,000 | 157,496,000 | 160,810,000 |
| Allowance for loan losses | 2,569,000 | 2,569,000 | 2,569,000 | 2,569,000 |
| Securities available for sale | 27,291,000 | 30,381,000 | 39,848,000 | 52,653,000 |
| Securities held to maturity | 32,972,000 | 35,607,000 | 44,060,000 | 45,049,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,928,000 | 293,683,000 | 299,561,000 | 308,765,000 |
| Interest-bearing deposits | 242,819,000 | 250,476,000 | 253,438,000 | 263,686,000 |
| Noninterest-bearing deposits | 38,109,000 | 43,207,000 | 46,123,000 | 45,079,000 |
| Equity capital | 51,758,000 | 52,512,000 | 53,176,000 | 53,603,000 |
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 | 2,547,000 | 4,979,000 | 7,293,000 | 9,569,000 |
| Interest expense | 474,000 | 839,000 | 1,028,000 | 1,169,000 |
| Net interest income | 2,073,000 | 4,140,000 | 6,265,000 | 8,400,000 |
| Noninterest income | 113,000 | 195,000 | 290,000 | 397,000 |
| Noninterest expense | 1,259,000 | 2,498,000 | 3,734,000 | 5,325,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 927,000 | 1,837,000 | 2,821,000 | 3,472,000 |
| Income tax | 262,000 | 519,000 | 819,000 | 1,016,000 |
| Net income | 665,000 | 1,318,000 | 2,002,000 | 2,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,073,000 | 51,727,000 | 52,411,000 | 52,865,000 |
| Total capital | 52,727,000 | 53,501,000 | 54,231,000 | 54,700,000 |
| Risk-weighted assets | 131,455,000 | 141,184,000 | 144,899,000 | 146,108,000 |