Call reports 2021
TRANSACT BANK, NATIONAL ASSOCIATION — 2021
What TRANSACT 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 | 21,292,000 | 21,826,000 | 19,004,000 | 16,653,000 |
| Total loans | 4,046,000 | 3,999,000 | 3,948,000 | 2,951,000 |
| Allowance for loan losses | 6,000 | 6,000 | 6,000 | 6,000 |
| Securities available for sale | 970,000 | 914,000 | 866,000 | 827,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,648,000 | 18,529,000 | 15,278,000 | 13,395,000 |
| Interest-bearing deposits | 1,645,000 | 1,832,000 | 1,506,000 | 2,368,000 |
| Noninterest-bearing deposits | 16,003,000 | 16,697,000 | 13,772,000 | 11,027,000 |
| Equity capital | 3,194,000 | 2,827,000 | 3,251,000 | 2,745,000 |
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 | 52,000 | 93,000 | 134,000 | 98,000 |
| Interest expense | 4,000 | 7,000 | 11,000 | 13,000 |
| Net interest income | 48,000 | 86,000 | 123,000 | 85,000 |
| Noninterest income | 202,000 | 463,000 | 664,000 | 842,000 |
| Noninterest expense | 665,000 | 1,331,000 | 2,025,000 | 2,665,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -415,000 | -782,000 | -1,238,000 | -1,738,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -415,000 | -782,000 | -1,238,000 | -1,738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,163,000 | 2,796,000 | 3,220,000 | 2,720,000 |
| Total capital | 3,169,000 | 2,802,000 | 3,226,000 | 2,726,000 |
| Risk-weighted assets | 3,400,000 | 3,377,000 | 3,419,000 | 2,931,000 |