Call reports 2021
CUMBERLAND SECURITY BANK, INC. — 2021
What CUMBERLAND SECURITY BANK, INC. 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 | 266,764,000 | 268,228,000 | 281,882,000 | 280,615,000 |
| Total loans | 202,540,000 | 214,446,000 | 208,803,000 | 214,754,000 |
| Allowance for loan losses | 5,957,000 | 5,992,000 | 6,024,000 | 6,050,000 |
| Securities available for sale | 26,148,000 | 29,559,000 | 30,046,000 | 41,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,205,000 | 231,210,000 | 243,789,000 | 243,204,000 |
| Interest-bearing deposits | 110,556,000 | 117,907,000 | 133,577,000 | 124,718,000 |
| Noninterest-bearing deposits | 109,649,000 | 113,303,000 | 110,212,000 | 118,486,000 |
| Equity capital | 35,336,000 | 35,721,000 | 36,968,000 | 36,795,000 |
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 | 2,749,000 | 5,736,000 | 8,820,000 | 11,898,000 |
| Interest expense | 79,000 | 138,000 | 193,000 | 250,000 |
| Net interest income | 2,670,000 | 5,598,000 | 8,627,000 | 11,648,000 |
| Noninterest income | 928,000 | 1,740,000 | 2,652,000 | 3,472,000 |
| Noninterest expense | 1,575,000 | 3,191,000 | 4,813,000 | 6,446,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 1,993,000 | 4,087,000 | 6,376,000 | 8,554,000 |
| Income tax | 0 | 8,000 | 11,000 | 14,000 |
| Net income | 1,993,000 | 4,079,000 | 6,365,000 | 8,540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,556,000 | 35,267,000 | 36,557,000 | 36,733,000 |
| Total capital | 36,944,000 | 37,716,000 | 39,016,000 | 39,236,000 |
| Risk-weighted assets | 187,462,000 | 192,389,000 | 193,117,000 | 196,652,000 |