Call reports 2021
UTAH INDEPENDENT BANK — 2021
What UTAH INDEPENDENT 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 | 120,395,000 | 127,124,000 | 133,623,000 | 138,727,000 |
| Total loans | 64,809,000 | 67,974,000 | 68,156,000 | 72,593,000 |
| Allowance for loan losses | 807,000 | 850,000 | 875,000 | 920,000 |
| Securities available for sale | 12,806,000 | 14,480,000 | 15,812,000 | 17,683,000 |
| Securities held to maturity | 2,293,000 | 2,107,000 | 1,958,000 | 1,591,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,698,000 | 109,215,000 | 114,864,000 | 121,153,000 |
| Interest-bearing deposits | 65,358,000 | 68,040,000 | 69,629,000 | 74,717,000 |
| Noninterest-bearing deposits | 38,340,000 | 41,175,000 | 45,235,000 | 46,436,000 |
| Equity capital | 15,182,000 | 16,372,000 | 17,198,000 | 16,014,000 |
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 | 1,165,000 | 2,339,000 | 3,850,000 | 5,147,000 |
| Interest expense | 49,000 | 97,000 | 138,000 | 170,000 |
| Net interest income | 1,116,000 | 2,242,000 | 3,712,000 | 4,977,000 |
| Noninterest income | 109,000 | 964,000 | 1,107,000 | 1,329,000 |
| Noninterest expense | 748,000 | 1,495,000 | 2,212,000 | 3,293,000 |
| Provision for loan losses | 15,000 | 60,000 | 105,000 | 150,000 |
| Pretax income | 462,000 | 1,650,000 | 2,501,000 | 2,862,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 462,000 | 1,650,000 | 2,501,000 | 2,862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,159,000 | 16,347,000 | 17,199,000 | 16,223,000 |