Call reports 2021
CONCORDIA BANK — 2021
What CONCORDIA 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 | 99,645,000 | 98,359,000 | 102,279,000 | 100,462,000 |
| Total loans | 61,362,000 | 67,442,000 | 66,500,000 | 70,350,000 |
| Allowance for loan losses | 938,000 | 756,000 | 758,000 | 758,000 |
| Securities available for sale | 8,812,000 | 9,729,000 | 9,460,000 | 9,397,000 |
| Securities held to maturity | 10,000 | 10,000 | 10,000 | 10,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,318,000 | 88,606,000 | 92,118,000 | 90,151,000 |
| Interest-bearing deposits | 69,180,000 | 68,028,000 | 69,847,000 | 63,722,000 |
| Noninterest-bearing deposits | 21,138,000 | 20,578,000 | 22,271,000 | 26,429,000 |
| Equity capital | 8,855,000 | 9,260,000 | 9,607,000 | 9,833,000 |
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 | 829,000 | 1,897,000 | 2,889,000 | 3,904,000 |
| Interest expense | 63,000 | 126,000 | 187,000 | 247,000 |
| Net interest income | 766,000 | 1,771,000 | 2,702,000 | 3,657,000 |
| Noninterest income | 167,000 | 329,000 | 502,000 | 647,000 |
| Noninterest expense | 659,000 | 1,278,000 | 1,925,000 | 2,617,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 9,000 |
| Pretax income | 271,000 | 816,000 | 1,270,000 | 1,678,000 |
| Income tax | 75,000 | 220,000 | 340,000 | 456,000 |
| Net income | 196,000 | 596,000 | 930,000 | 1,222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,894,000 | 9,311,000 | 9,662,000 | 9,955,000 |