Call reports 2021
DRAKE BANK — 2021
What DRAKE 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 | 165,167,000 | 182,403,000 | 197,375,000 | 193,970,000 |
| Total loans | 137,536,000 | 128,769,000 | 136,884,000 | 129,282,000 |
| Allowance for loan losses | 2,050,000 | 1,963,000 | 1,964,000 | 1,964,000 |
| Securities available for sale | 4,292,000 | 13,228,000 | 29,460,000 | 38,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,047,000 | 149,433,000 | 159,517,000 | 163,288,000 |
| Interest-bearing deposits | 92,018,000 | 99,893,000 | 109,922,000 | 113,345,000 |
| Noninterest-bearing deposits | 43,029,000 | 49,540,000 | 49,595,000 | 49,943,000 |
| Equity capital | 12,833,000 | 13,491,000 | 18,437,000 | 17,879,000 |
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 | 1,760,000 | 4,221,000 | 6,155,000 | 8,059,000 |
| Interest expense | 252,000 | 510,000 | 766,000 | 997,000 |
| Net interest income | 1,508,000 | 3,711,000 | 5,389,000 | 7,062,000 |
| Noninterest income | 44,000 | 97,000 | 153,000 | 211,000 |
| Noninterest expense | 1,210,000 | 2,662,000 | 4,049,000 | 5,712,000 |
| Provision for loan losses | 88,000 | 185,000 | 185,000 | 185,000 |
| Pretax income | 254,000 | 972,000 | 1,319,000 | 1,387,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 254,000 | 972,000 | 1,319,000 | 1,387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,819,000 | 13,537,000 | 18,585,000 | 18,207,000 |