Call reports 2021
PINE ISLAND BANK — 2021
What PINE ISLAND 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 | 116,632,000 | 114,869,000 | 122,009,000 | 138,374,000 |
| Total loans | 96,094,000 | 100,720,000 | 104,960,000 | 106,680,000 |
| Allowance for loan losses | 1,169,000 | 1,169,000 | 1,219,000 | 0 |
| Securities available for sale | 10,709,000 | 9,568,000 | 9,529,000 | 8,908,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,233,000 | 96,444,000 | 100,294,000 | 107,586,000 |
| Interest-bearing deposits | 78,545,000 | 76,694,000 | 80,132,000 | 86,396,000 |
| Noninterest-bearing deposits | 19,688,000 | 19,750,000 | 20,162,000 | 21,190,000 |
| Equity capital | 12,447,000 | 12,726,000 | 13,112,000 | 22,454,000 |
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 | 1,408,000 | 2,646,000 | 3,984,000 | 298,000 |
| Interest expense | 141,000 | 263,000 | 388,000 | 14,000 |
| Net interest income | 1,267,000 | 2,383,000 | 3,596,000 | 284,000 |
| Noninterest income | 58,000 | 123,000 | 194,000 | 15,000 |
| Noninterest expense | 511,000 | 991,000 | 1,513,000 | 114,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 0 |
| Pretax income | 814,000 | 1,515,000 | 2,227,000 | 185,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 0 |
| Net income | 813,000 | 1,514,000 | 2,226,000 | 185,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,034,000 | 11,325,000 | 11,733,000 | 10,467,000 |
| Total capital | 12,054,000 | 12,391,000 | 12,848,000 | 10,467,000 |
| Risk-weighted assets | 81,472,000 | 85,191,000 | 89,116,000 | 90,532,000 |