Call reports 2021
AXIOM BANK, NATIONAL ASSOCIATION — 2021
What AXIOM BANK, NATIONAL ASSOCIATION 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 | 652,511,000 | 635,364,000 | 631,966,000 | 641,060,000 |
| Total loans | 519,382,000 | 501,601,000 | 501,681,000 | 444,502,000 |
| Allowance for loan losses | 6,744,000 | 6,838,000 | 6,803,000 | 6,947,000 |
| Securities available for sale | 0 | 2,972,000 | 2,961,000 | 9,892,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 543,965,000 | 525,353,000 | 519,192,000 | 537,647,000 |
| Interest-bearing deposits | 430,164,000 | 413,857,000 | 403,341,000 | 417,799,000 |
| Noninterest-bearing deposits | 113,801,000 | 111,496,000 | 115,851,000 | 119,848,000 |
| Equity capital | 96,791,000 | 97,587,000 | 98,911,000 | 89,330,000 |
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 | 6,578,000 | 13,446,000 | 20,029,000 | 26,581,000 |
| Interest expense | 1,482,000 | 2,816,000 | 3,910,000 | 4,564,000 |
| Net interest income | 5,096,000 | 10,630,000 | 16,119,000 | 22,017,000 |
| Noninterest income | 1,648,000 | 2,486,000 | 3,845,000 | 4,890,000 |
| Noninterest expense | 7,283,000 | 12,596,000 | 17,714,000 | 37,342,000 |
| Provision for loan losses | 35,000 | 35,000 | 35,000 | 35,000 |
| Pretax income | -574,000 | 485,000 | 2,215,000 | -10,470,000 |
| Income tax | -139,000 | 118,000 | 538,000 | -2,632,000 |
| Net income | -435,000 | 367,000 | 1,677,000 | -7,838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,400,000 | 82,278,000 | 83,664,000 | 87,295,000 |
| Total capital | 88,025,000 | 88,165,000 | 89,737,000 | 93,000,000 |
| Risk-weighted assets | 529,859,000 | 469,872,000 | 485,077,000 | 455,006,000 |