Call reports 2021
1ST EQUITY BANK — 2021
What 1ST EQUITY 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 | 144,228,000 | 138,339,000 | 140,756,000 | 141,266,000 |
| Total loans | 102,094,000 | 100,894,000 | 105,379,000 | 100,823,000 |
| Allowance for loan losses | 1,377,000 | 1,462,000 | 1,527,000 | 1,593,000 |
| Securities available for sale | 194,000 | 188,000 | 184,000 | 178,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,193,000 | 101,704,000 | 104,078,000 | 104,839,000 |
| Interest-bearing deposits | 92,001,000 | 91,536,000 | 93,786,000 | 92,633,000 |
| Noninterest-bearing deposits | 10,192,000 | 10,168,000 | 10,292,000 | 12,206,000 |
| Equity capital | 22,977,000 | 22,947,000 | 22,942,000 | 22,812,000 |
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 | 1,327,000 | 2,482,000 | 3,808,000 | 5,030,000 |
| Interest expense | 215,000 | 418,000 | 599,000 | 767,000 |
| Net interest income | 1,112,000 | 2,064,000 | 3,209,000 | 4,263,000 |
| Noninterest income | 64,000 | 331,000 | 425,000 | 550,000 |
| Noninterest expense | 751,000 | 1,480,000 | 2,204,000 | 2,922,000 |
| Provision for loan losses | 65,000 | 130,000 | 195,000 | 260,000 |
| Pretax income | 360,000 | 785,000 | 1,235,000 | 1,631,000 |
| Income tax | 4,000 | 9,000 | 14,000 | 13,000 |
| Net income | 356,000 | 776,000 | 1,221,000 | 1,618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,946,000 | 21,918,000 | 21,915,000 | 21,788,000 |
| Total capital | 23,190,000 | 23,015,000 | 23,113,000 | 22,943,000 |
| Risk-weighted assets | 99,369,000 | 87,379,000 | 95,519,000 | 91,958,000 |