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Call reports 2021

SHORE UNITED BANK, NATIONAL ASSOCIATION — 2021

What SHORE UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.

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

Cite: FACTANKER, https://factanker.com/entity/2a428c5c-a1bc-4d4e-8257-1635414c5134/2021

Balance sheet

What the bank holds and owes at quarter end

Measure2021Q12021Q22021Q32021Q4
Total assets2,038,544,0002,119,309,0002,259,654,0003,458,147,000
Total loans1,461,522,0001,472,429,0001,494,897,0002,156,924,000
Allowance for loan losses14,313,00015,088,00015,525,00013,944,000
Securities available for sale124,102,000113,957,000105,125,000116,983,000
Securities held to maturity125,929,000198,884,000250,501,000404,594,000
Trading assets0000
Total deposits1,813,114,0001,891,491,0002,026,503,0003,040,485,000
Interest-bearing deposits1,279,266,0001,342,574,0001,463,164,0002,098,739,000
Noninterest-bearing deposits533,848,000548,917,000563,339,000941,746,000
Equity capital205,215,000209,720,000214,627,000375,374,000

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 income15,345,00030,875,00047,773,00070,169,000
Interest expense1,185,0002,243,0003,194,0004,479,000
Net interest income14,160,00028,632,00044,579,00065,690,000
Noninterest income2,548,0005,413,0008,332,00012,957,000
Noninterest expense10,102,00020,469,00031,863,00053,172,000
Provision for loan losses425,0001,075,0001,365,000-358,000
Pretax income6,163,00012,480,00019,661,00025,795,000
Income tax1,629,0003,299,0005,196,0006,772,000
Net income4,534,0009,181,00014,465,00019,023,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2021Q12021Q22021Q32021Q4
Tier 1 capital185,357,000190,123,000195,516,000304,362,000
Total capital199,971,000205,512,000211,342,000318,614,000
Risk-weighted assets1,384,104,0001,446,341,0001,516,121,0002,189,781,000

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