Call reports 2021
FIRST ELECTRONIC BANK — 2021
What FIRST ELECTRONIC 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 | 47,298,000 | 74,233,000 | 63,900,000 | 78,734,000 |
| Total loans | 22,850,000 | 31,218,000 | 29,875,000 | 33,289,000 |
| Allowance for loan losses | 0 | 26,000 | 6,000 | 0 |
| Securities available for sale | 30,000 | 31,000 | 21,000 | 21,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,925,000 | 50,348,000 | 33,927,000 | 44,434,000 |
| Interest-bearing deposits | 21,738,000 | 25,664,000 | 28,670,000 | 33,514,000 |
| Noninterest-bearing deposits | 3,187,000 | 24,684,000 | 5,257,000 | 10,920,000 |
| Equity capital | 18,650,000 | 21,086,000 | 24,428,000 | 28,139,000 |
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 | 1,927,000 | 4,614,000 | 8,485,000 | 13,457,000 |
| Interest expense | 36,000 | 68,000 | 102,000 | 129,000 |
| Net interest income | 1,891,000 | 4,546,000 | 8,383,000 | 13,328,000 |
| Noninterest income | 2,863,000 | 6,383,000 | 10,410,000 | 15,107,000 |
| Noninterest expense | 3,213,000 | 6,223,000 | 9,719,000 | 14,249,000 |
| Provision for loan losses | 0 | 26,000 | 6,000 | 4,000 |
| Pretax income | 1,541,000 | 4,680,000 | 9,068,000 | 14,182,000 |
| Income tax | 387,000 | 1,091,000 | 2,137,000 | 3,540,000 |
| Net income | 1,154,000 | 3,589,000 | 6,931,000 | 10,642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,216,000 | 20,665,000 | 24,007,000 | 27,624,000 |
| Total capital | 18,216,000 | 20,691,000 | 24,013,000 | 27,624,000 |
| Risk-weighted assets | 26,093,000 | 35,166,000 | 33,776,000 | 38,651,000 |