Call reports 2021
CACHE VALLEY BANK — 2021
What CACHE VALLEY BANK 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 | 2,641,620,000 | 2,947,152,000 | 2,883,925,000 | 3,083,491,000 |
| Total loans | 2,061,461,000 | 1,923,825,000 | 1,821,851,000 | 1,770,374,000 |
| Allowance for loan losses | 18,155,000 | 18,839,000 | 19,700,000 | 20,558,000 |
| Securities available for sale | 3,992,000 | 3,975,000 | 3,443,000 | 6,474,000 |
| Securities held to maturity | 16,431,000 | 16,352,000 | 20,234,000 | 22,641,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,999,166,000 | 2,122,559,000 | 2,255,109,000 | 2,572,928,000 |
| Interest-bearing deposits | 1,204,183,000 | 1,333,782,000 | 1,428,195,000 | 1,745,693,000 |
| Noninterest-bearing deposits | 794,983,000 | 788,777,000 | 826,914,000 | 827,234,000 |
| Equity capital | 195,915,000 | 209,244,000 | 224,422,000 | 228,533,000 |
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 | 28,312,000 | 59,298,000 | 92,716,000 | 121,225,000 |
| Interest expense | 2,436,000 | 4,787,000 | 7,457,000 | 10,004,000 |
| Net interest income | 25,876,000 | 54,511,000 | 85,259,000 | 111,221,000 |
| Noninterest income | 2,867,000 | 5,317,000 | 8,180,000 | 10,190,000 |
| Noninterest expense | 10,837,000 | 21,225,000 | 31,213,000 | 42,817,000 |
| Provision for loan losses | 675,000 | 1,350,000 | 2,025,000 | 2,700,000 |
| Pretax income | 17,278,000 | 37,300,000 | 60,248,000 | 75,941,000 |
| Income tax | 4,190,000 | 9,170,000 | 15,025,000 | 18,883,000 |
| Net income | 13,088,000 | 28,130,000 | 45,223,000 | 57,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 195,646,000 | 208,927,000 | 224,243,000 | 228,318,000 |
| Total capital | — | — | 244,210,000 | 249,143,000 |
| Risk-weighted assets | — | — | 1,605,408,000 | 1,681,188,000 |