Call reports 2020
WHITAKER BANK, INC — 2020
What WHITAKER BANK, 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 | 1,188,008,000 | 1,289,546,000 | 1,304,254,000 | 1,826,151,000 |
| Total loans | 610,832,000 | 648,294,000 | 648,807,000 | 915,096,000 |
| Allowance for loan losses | 9,143,000 | 9,671,000 | 11,136,000 | 15,666,000 |
| Securities available for sale | 474,976,000 | 513,955,000 | 563,516,000 | 756,174,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 935,372,000 | 1,026,275,000 | 1,043,453,000 | 1,451,849,000 |
| Interest-bearing deposits | 673,453,000 | 707,893,000 | 723,705,000 | 1,013,553,000 |
| Noninterest-bearing deposits | 261,919,000 | 318,382,000 | 319,748,000 | 438,296,000 |
| Equity capital | 197,091,000 | 200,196,000 | 199,635,000 | 262,635,000 |
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 | 10,377,000 | 22,488,000 | 32,345,000 | 57,625,000 |
| Interest expense | 606,000 | 1,211,000 | 1,795,000 | 3,220,000 |
| Net interest income | 9,771,000 | 21,277,000 | 30,550,000 | 54,405,000 |
| Noninterest income | 2,576,000 | 5,166,000 | 7,790,000 | 13,176,000 |
| Noninterest expense | 9,381,000 | 18,970,000 | 28,547,000 | 48,829,000 |
| Provision for loan losses | 0 | 600,000 | 1,200,000 | 2,700,000 |
| Pretax income | 2,967,000 | 6,845,000 | 8,595,000 | 16,082,000 |
| Income tax | 449,000 | 1,012,000 | 1,061,000 | 2,130,000 |
| Net income | 2,518,000 | 5,833,000 | 7,534,000 | 13,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 174,807,000 | 176,122,000 | 175,823,000 | 228,072,000 |