Call reports 2021
BANK OF THE LOWCOUNTRY — 2021
What BANK OF THE LOWCOUNTRY 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 | 269,109,000 | 291,172,000 | 298,859,000 | 297,429,000 |
| Total loans | 116,011,000 | 117,288,000 | 114,084,000 | 119,943,000 |
| Allowance for loan losses | 1,637,000 | 1,658,000 | 1,696,000 | 1,755,000 |
| Securities available for sale | 84,172,000 | 89,316,000 | 87,838,000 | 87,665,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,502,000 | 253,307,000 | 260,636,000 | 259,117,000 |
| Interest-bearing deposits | 193,530,000 | 213,813,000 | 220,924,000 | 216,221,000 |
| Noninterest-bearing deposits | 38,972,000 | 39,494,000 | 39,712,000 | 42,896,000 |
| Equity capital | 26,324,000 | 27,527,000 | 27,827,000 | 27,804,000 |
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 | 1,837,000 | 3,755,000 | 5,576,000 | 7,488,000 |
| Interest expense | 222,000 | 457,000 | 707,000 | 943,000 |
| Net interest income | 1,615,000 | 3,298,000 | 4,869,000 | 6,545,000 |
| Noninterest income | 316,000 | 501,000 | 626,000 | 775,000 |
| Noninterest expense | 1,488,000 | 2,837,000 | 4,055,000 | 5,553,000 |
| Provision for loan losses | 0 | 20,000 | 30,000 | 30,000 |
| Pretax income | 488,000 | 987,000 | 1,455,000 | 1,782,000 |
| Income tax | 64,000 | 141,000 | 218,000 | 232,000 |
| Net income | 424,000 | 846,000 | 1,237,000 | 1,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,816,000 | 26,238,000 | 26,629,000 | 26,942,000 |
| Total capital | — | — | — | 28,697,000 |
| Risk-weighted assets | — | — | — | 142,454,000 |