Call reports 2021
COGENT BANK — 2021
What COGENT 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 | 877,902,000 | 940,251,000 | 1,053,047,000 | 1,076,177,000 |
| Total loans | 676,334,000 | 724,525,000 | 795,612,000 | 824,167,000 |
| Allowance for loan losses | 5,421,000 | 6,653,000 | 7,872,000 | 9,937,000 |
| Securities available for sale | 112,241,000 | 117,173,000 | 132,648,000 | 127,134,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 566,402,000 | 692,558,000 | 851,684,000 | 980,097,000 |
| Interest-bearing deposits | 348,701,000 | 423,082,000 | 517,770,000 | 619,110,000 |
| Noninterest-bearing deposits | 217,701,000 | 269,476,000 | 333,913,000 | 360,987,000 |
| Equity capital | 75,050,000 | 78,895,000 | 81,713,000 | 91,574,000 |
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 | 7,959,000 | 17,247,000 | 27,259,000 | 39,683,000 |
| Interest expense | 621,000 | 1,228,000 | 1,855,000 | 2,535,000 |
| Net interest income | 7,338,000 | 16,019,000 | 25,404,000 | 37,148,000 |
| Noninterest income | 1,477,000 | 2,730,000 | 5,346,000 | 6,693,000 |
| Noninterest expense | 5,246,000 | 11,383,000 | 18,485,000 | 25,666,000 |
| Provision for loan losses | 722,000 | 1,952,000 | 3,167,000 | 5,258,000 |
| Pretax income | 2,795,000 | 5,465,000 | 9,149,000 | 12,968,000 |
| Income tax | 698,000 | 1,351,000 | 2,299,000 | 2,933,000 |
| Net income | 2,097,000 | 4,114,000 | 6,850,000 | 10,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,674,000 | 76,564,000 | 79,430,000 | 89,636,000 |
| Total capital | 78,095,000 | 83,217,000 | 87,302,000 | 99,573,000 |
| Risk-weighted assets | 461,044,000 | 589,337,000 | 696,434,000 | 804,305,000 |