Call reports 2021
WATERFALL BANK — 2021
What WATERFALL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q3 | 2021Q4 |
|---|---|---|
| Total assets | 65,471,000 | 70,959,000 |
| Total loans | 66,000 | 5,342,000 |
| Allowance for loan losses | 0 | 40,000 |
| Securities available for sale | 0 | 3,013,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 19,723,000 | 27,364,000 |
| Interest-bearing deposits | 18,970,000 | 24,425,000 |
| Noninterest-bearing deposits | 753,000 | 2,939,000 |
| Equity capital | 44,185,000 | 43,517,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q3 | 2021Q4 |
|---|---|---|
| Interest income | 2,000 | 42,000 |
| Interest expense | 0 | 16,000 |
| Net interest income | 2,000 | 26,000 |
| Noninterest income | 0 | 0 |
| Noninterest expense | 1,094,000 | 2,023,000 |
| Provision for loan losses | 0 | 40,000 |
| Pretax income | -1,092,000 | -2,037,000 |
| Income tax | -277,000 | -516,000 |
| Net income | -815,000 | -1,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q3 | 2021Q4 |
|---|---|---|
| Tier 1 capital | 44,185,000 | 42,992,000 |
| Total capital | 44,185,000 | 43,032,000 |
| Risk-weighted assets | 3,238,000 | 8,894,000 |