Call reports 2021
SYNERGY BANK — 2021
What SYNERGY 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 | 732,624,000 | 744,606,000 | 760,093,000 | 842,951,000 |
| Total loans | 420,639,000 | 404,513,000 | 388,064,000 | 375,270,000 |
| Allowance for loan losses | 9,355,000 | 9,346,000 | 10,348,000 | 10,270,000 |
| Securities available for sale | 203,265,000 | 133,393,000 | 220,738,000 | 263,523,000 |
| Securities held to maturity | 43,877,000 | 157,113,000 | 75,647,000 | 110,612,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 657,315,000 | 667,238,000 | 677,676,000 | 764,041,000 |
| Interest-bearing deposits | 469,356,000 | 475,245,000 | 480,890,000 | 524,826,000 |
| Noninterest-bearing deposits | 187,959,000 | 191,993,000 | 196,786,000 | 239,215,000 |
| Equity capital | 72,284,000 | 74,714,000 | 76,307,000 | 76,058,000 |
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 | 6,377,000 | 12,956,000 | 19,373,000 | 25,479,000 |
| Interest expense | 607,000 | 1,138,000 | 1,646,000 | 2,107,000 |
| Net interest income | 5,770,000 | 11,818,000 | 17,727,000 | 23,372,000 |
| Noninterest income | 1,208,000 | 2,546,000 | 3,770,000 | 5,167,000 |
| Noninterest expense | 3,892,000 | 7,947,000 | 11,890,000 | 15,865,000 |
| Provision for loan losses | 100,000 | 100,000 | 1,100,000 | 1,185,000 |
| Pretax income | 2,986,000 | 6,317,000 | 8,507,000 | 11,489,000 |
| Income tax | 617,000 | 1,303,000 | 1,749,000 | 2,365,000 |
| Net income | 2,369,000 | 5,014,000 | 6,758,000 | 9,124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,823,000 | 74,499,000 | 76,274,000 | 76,796,000 |