Call reports 2021
TANDEM BANK — 2021
What TANDEM 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 | 108,770,000 | 113,631,000 | 120,758,000 | 131,693,000 |
| Total loans | 76,180,000 | 76,736,000 | 77,612,000 | 80,351,000 |
| Allowance for loan losses | 600,000 | 703,000 | 808,000 | 945,000 |
| Securities available for sale | 2,351,000 | 3,062,000 | 3,366,000 | 8,983,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,342,000 | 92,317,000 | 99,856,000 | 111,089,000 |
| Interest-bearing deposits | 53,178,000 | 57,521,000 | 61,602,000 | 61,571,000 |
| Noninterest-bearing deposits | 34,164,000 | 34,796,000 | 38,254,000 | 49,518,000 |
| Equity capital | 18,351,000 | 18,202,000 | 17,768,000 | 17,530,000 |
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 | 930,000 | 1,939,000 | 3,117,000 | 4,270,000 |
| Interest expense | 67,000 | 126,000 | 175,000 | 224,000 |
| Net interest income | 863,000 | 1,813,000 | 2,942,000 | 4,046,000 |
| Noninterest income | 21,000 | 49,000 | 75,000 | 111,000 |
| Noninterest expense | 933,000 | 1,981,000 | 3,075,000 | 4,107,000 |
| Provision for loan losses | 43,000 | 146,000 | 677,000 | 988,000 |
| Pretax income | -92,000 | -265,000 | -735,000 | -938,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -92,000 | -265,000 | -735,000 | -938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,336,000 | 18,194,000 | 17,753,000 | 17,581,000 |
| Total capital | 18,936,000 | 18,897,000 | 18,561,000 | 18,526,000 |
| Risk-weighted assets | 53,042,000 | 64,589,000 | 72,182,000 | 85,311,000 |