Call reports 2021
BANK OF THE MOUNTAINS, INC. — 2021
What BANK OF THE MOUNTAINS, INC. 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 | 79,302,000 | 81,484,000 | 82,555,000 | 87,152,000 |
| Total loans | 54,344,000 | 54,982,000 | 53,480,000 | 54,383,000 |
| Allowance for loan losses | 920,000 | 927,000 | 904,000 | 820,000 |
| Securities available for sale | 6,992,000 | 7,976,000 | 7,485,000 | 7,412,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,921,000 | 71,980,000 | 73,053,000 | 77,750,000 |
| Interest-bearing deposits | 46,654,000 | 47,644,000 | 48,234,000 | 50,478,000 |
| Noninterest-bearing deposits | 23,267,000 | 24,336,000 | 24,819,000 | 27,272,000 |
| Equity capital | 8,335,000 | 8,439,000 | 8,373,000 | 8,426,000 |
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 | 994,000 | 2,001,000 | 2,893,000 | 3,795,000 |
| Interest expense | 85,000 | 168,000 | 247,000 | 327,000 |
| Net interest income | 909,000 | 1,833,000 | 2,646,000 | 3,468,000 |
| Noninterest income | 143,000 | 265,000 | 430,000 | 575,000 |
| Noninterest expense | 786,000 | 1,590,000 | 2,427,000 | 3,203,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 266,000 | 508,000 | 649,000 | 840,000 |
| Income tax | 55,000 | 107,000 | 136,000 | 195,000 |
| Net income | 211,000 | 401,000 | 513,000 | 645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,335,000 | 8,439,000 | 8,373,000 | 8,514,000 |
| Total capital | 9,076,000 | 9,122,000 | 9,006,000 | 9,215,000 |
| Risk-weighted assets | 59,115,000 | 54,414,000 | 50,404,000 | 55,926,000 |