Call reports 2021
MODERN BANK, NATIONAL ASSOCIATION — 2021
What MODERN BANK, NATIONAL ASSOCIATION 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 | 874,505,000 | 806,964,000 | 789,806,000 | 782,411,000 |
| Total loans | 700,205,000 | 662,234,000 | 657,207,000 | 612,477,000 |
| Allowance for loan losses | 8,909,000 | 8,865,000 | 8,818,000 | 8,136,000 |
| Securities available for sale | 35,275,000 | 56,287,000 | 53,194,000 | 52,198,000 |
| Securities held to maturity | 49,363,000 | 47,157,000 | 40,677,000 | 51,420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 624,901,000 | 576,162,000 | 563,236,000 | 574,788,000 |
| Interest-bearing deposits | 553,302,000 | 519,976,000 | 503,094,000 | 496,261,000 |
| Noninterest-bearing deposits | 71,599,000 | 56,186,000 | 60,142,000 | 78,527,000 |
| Equity capital | 84,436,000 | 86,230,000 | 86,470,000 | 86,981,000 |
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 | 7,374,000 | 14,942,000 | 22,510,000 | 29,699,000 |
| Interest expense | 1,840,000 | 3,491,000 | 5,034,000 | 6,469,000 |
| Net interest income | 5,534,000 | 11,451,000 | 17,476,000 | 23,230,000 |
| Noninterest income | 196,000 | 673,000 | 2,129,000 | 2,600,000 |
| Noninterest expense | 3,915,000 | 8,100,000 | 12,699,000 | 17,346,000 |
| Provision for loan losses | -415,000 | -459,000 | -506,000 | -1,188,000 |
| Pretax income | 2,230,000 | 4,483,000 | 7,412,000 | 9,672,000 |
| Income tax | 497,000 | 1,036,000 | 1,711,000 | 2,096,000 |
| Net income | 1,733,000 | 3,447,000 | 5,701,000 | 7,576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,605,000 | 80,995,000 | 81,548,000 | 81,539,000 |
| Total capital | 86,456,000 | 88,888,000 | 89,624,000 | 89,364,000 |
| Risk-weighted assets | 626,927,000 | 630,399,000 | 645,257,000 | 625,546,000 |
Machine access — free, no API key
Every figure shown here about MODERN BANK, NATIONAL ASSOCIATION — 2021 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.