Call reports 2021
NATIONAL IRON BANK, THE — 2021
What NATIONAL IRON BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 222,116,000 | 225,988,000 | 247,820,000 | 257,092,000 |
| Total loans | 167,074,000 | 169,186,000 | 176,645,000 | 192,000,000 |
| Allowance for loan losses | 605,000 | 628,000 | 690,000 | 775,000 |
| Securities available for sale | 10,336,000 | 9,091,000 | 9,524,000 | 45,181,000 |
| Securities held to maturity | 4,241,000 | 4,347,000 | 4,034,000 | 3,755,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,428,000 | 203,051,000 | 228,126,000 | 237,834,000 |
| Interest-bearing deposits | 161,478,000 | 166,757,000 | 190,053,000 | 183,847,000 |
| Noninterest-bearing deposits | 36,949,000 | 36,294,000 | 38,073,000 | 53,987,000 |
| Equity capital | 16,905,000 | 17,244,000 | 17,571,000 | 17,558,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,694,000 | 3,425,000 | 5,134,000 | 6,979,000 |
| Interest expense | 124,000 | 239,000 | 363,000 | 483,000 |
| Net interest income | 1,570,000 | 3,186,000 | 4,771,000 | 6,496,000 |
| Noninterest income | 105,000 | 232,000 | 361,000 | 496,000 |
| Noninterest expense | 1,179,000 | 2,346,000 | 3,474,000 | 4,832,000 |
| Provision for loan losses | 23,000 | 52,000 | 114,000 | 199,000 |
| Pretax income | 473,000 | 1,020,000 | 1,544,000 | 1,961,000 |
| Income tax | 33,000 | 75,000 | 121,000 | 158,000 |
| Net income | 440,000 | 945,000 | 1,423,000 | 1,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,699,000 | 17,062,000 | 17,401,000 | 17,641,000 |
| Total capital | 17,309,000 | 17,694,000 | 18,095,000 | 18,420,000 |
| Risk-weighted assets | 96,951,000 | 102,237,000 | 113,438,000 | 123,613,000 |