Call reports 2021
BLUE FOUNDRY BANK — 2021
What BLUE FOUNDRY 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 | 1,968,212,000 | 2,579,962,000 | 2,021,750,000 | 1,914,512,000 |
| Total loans | 1,297,709,000 | 1,256,769,000 | 1,254,223,000 | 1,287,603,000 |
| Allowance for loan losses | 16,150,000 | 15,593,000 | 15,248,000 | 14,425,000 |
| Securities available for sale | 274,462,000 | 294,484,000 | 314,146,000 | 324,892,000 |
| Securities held to maturity | 7,003,000 | 3,002,000 | 23,325,000 | 23,281,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,397,797,000 | 2,020,748,000 | 1,394,238,000 | 1,371,857,000 |
| Interest-bearing deposits | 1,346,617,000 | 1,338,968,000 | 1,226,237,000 | 1,202,488,000 |
| Noninterest-bearing deposits | 51,180,000 | 681,780,000 | 168,001,000 | 169,369,000 |
| Equity capital | 205,106,000 | 204,576,000 | 309,587,000 | 293,414,000 |
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 | 14,283,000 | 28,387,000 | 42,575,000 | 57,134,000 |
| Interest expense | 4,343,000 | 8,236,000 | 11,361,000 | 13,447,000 |
| Net interest income | 9,940,000 | 20,151,000 | 31,214,000 | 43,687,000 |
| Noninterest income | 348,000 | 778,000 | 1,190,000 | 1,503,000 |
| Noninterest expense | 12,365,000 | 24,269,000 | 48,227,000 | 65,078,000 |
| Provision for loan losses | -808,000 | -1,361,000 | -1,699,000 | -2,518,000 |
| Pretax income | -1,269,000 | -1,979,000 | -14,124,000 | -17,371,000 |
| Income tax | -551,000 | -268,000 | -3,889,000 | 9,677,000 |
| Net income | -718,000 | -1,711,000 | -10,235,000 | -27,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 205,540,000 | 204,296,000 | 309,745,000 | 293,349,000 |
| Total capital | 218,790,000 | 217,649,000 | 323,781,000 | 307,624,000 |
| Risk-weighted assets | 1,056,026,000 | 1,065,370,000 | 1,119,830,000 | 1,139,823,000 |