Call reports 2021
STURDY SAVINGS BANK — 2021
What STURDY SAVINGS 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 | 1,109,677,000 | 1,135,678,000 | 1,258,351,000 | 1,279,515,000 |
| Total loans | 578,615,000 | 578,825,000 | 544,456,000 | 527,770,000 |
| Allowance for loan losses | 3,508,000 | 3,569,000 | 3,453,000 | 3,459,000 |
| Securities available for sale | 415,752,000 | 430,417,000 | 465,774,000 | 499,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 976,701,000 | 1,000,341,000 | 1,121,286,000 | 1,144,441,000 |
| Interest-bearing deposits | 695,286,000 | 692,871,000 | 740,168,000 | 777,139,000 |
| Noninterest-bearing deposits | 281,415,000 | 307,470,000 | 381,118,000 | 367,302,000 |
| Equity capital | 90,027,000 | 92,619,000 | 93,678,000 | 92,268,000 |
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 | 7,579,000 | 15,486,000 | 23,455,000 | 30,778,000 |
| Interest expense | 282,000 | 537,000 | 800,000 | 1,086,000 |
| Net interest income | 7,297,000 | 14,949,000 | 22,655,000 | 29,692,000 |
| Noninterest income | 960,000 | 1,942,000 | 2,925,000 | 3,796,000 |
| Noninterest expense | 6,612,000 | 13,414,000 | 20,474,000 | 27,599,000 |
| Provision for loan losses | 20,000 | 83,000 | -27,000 | -10,000 |
| Pretax income | 1,572,000 | 3,347,000 | 5,075,000 | 5,813,000 |
| Income tax | 387,000 | 834,000 | 1,265,000 | 1,396,000 |
| Net income | 1,185,000 | 2,513,000 | 3,810,000 | 4,417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,302,000 | 88,680,000 | 90,026,000 | 90,683,000 |
| Total capital | 90,810,000 | 92,249,000 | 93,479,000 | 94,142,000 |
| Risk-weighted assets | 587,337,000 | 600,236,000 | 584,922,000 | 603,490,000 |