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Call reports 2021

STUDIO BANK — 2021

What STUDIO BANK reported to the FFIEC in 2021, quarter by quarter.

PERIOD: 2021SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/26968f18-e198-40a8-965a-54654f2ddeb5/2021

Balance sheet

What the bank holds and owes at quarter end

Measure2021Q12021Q22021Q32021Q4
Total assets419,548,000470,209,000554,029,000610,884,000
Total loans302,066,000329,987,000385,480,000407,221,000
Allowance for loan losses3,377,0003,512,0004,216,0004,513,000
Securities available for sale55,851,00048,099,00040,093,00058,442,000
Securities held to maturity4,122,00020,872,00029,745,00028,465,000
Trading assets0000
Total deposits360,148,000411,864,000495,137,000547,164,000
Interest-bearing deposits283,569,000318,265,000368,830,000387,468,000
Noninterest-bearing deposits76,579,00093,599,000126,307,000159,696,000
Equity capital48,522,00050,279,00050,660,00054,647,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2021Q12021Q22021Q32021Q4
Interest income3,457,0007,298,00011,778,00016,830,000
Interest expense378,000740,0001,113,0001,488,000
Net interest income3,079,0006,558,00010,665,00015,342,000
Noninterest income2,191,0003,766,0005,229,0006,561,000
Noninterest expense3,886,0007,879,00012,039,00016,282,000
Provision for loan losses208,000344,0001,050,0001,347,000
Pretax income1,176,0002,101,0002,805,0004,274,000
Income tax91,000116,000146,000-2,336,000
Net income1,085,0001,985,0002,659,0006,610,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2021Q12021Q22021Q32021Q4
Tier 1 capital48,878,00049,836,00050,568,00054,427,000
Total capital52,255,00053,348,00054,784,00058,940,000
Risk-weighted assets315,204,000354,587,000412,588,000453,459,000