Call reports 2021
FLAGSHIP BANK — 2021
What FLAGSHIP 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 | 352,819,000 | 394,734,000 | 410,225,000 | 442,812,000 |
| Total loans | 234,959,000 | 259,023,000 | 259,692,000 | 315,521,000 |
| Allowance for loan losses | 2,043,000 | 2,241,000 | 2,432,000 | 2,844,000 |
| Securities available for sale | 3,050,000 | 3,013,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,788,000 | 350,610,000 | 356,345,000 | 389,026,000 |
| Interest-bearing deposits | 127,944,000 | 136,595,000 | 142,253,000 | 225,025,000 |
| Noninterest-bearing deposits | 184,844,000 | 214,015,000 | 214,092,000 | 164,001,000 |
| Equity capital | 39,181,000 | 43,295,000 | 52,804,000 | 53,035,000 |
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 | 2,746,000 | 5,571,000 | 9,078,000 | 12,434,000 |
| Interest expense | 282,000 | 510,000 | 686,000 | 850,000 |
| Net interest income | 2,464,000 | 5,061,000 | 8,392,000 | 11,584,000 |
| Noninterest income | 141,000 | 271,000 | 405,000 | 548,000 |
| Noninterest expense | 2,142,000 | 4,541,000 | 7,166,000 | 9,881,000 |
| Provision for loan losses | 107,000 | 305,000 | 496,000 | 908,000 |
| Pretax income | 356,000 | 486,000 | 1,135,000 | 1,343,000 |
| Income tax | 86,000 | 121,000 | 283,000 | 300,000 |
| Net income | 270,000 | 365,000 | 852,000 | 1,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,552,000 | 33,687,000 | 43,210,000 | 43,537,000 |