Call reports 2021
SETTLERS BANK — 2021
What SETTLERS 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 | 143,076,000 | 142,174,000 | 143,436,000 | 148,657,000 |
| Total loans | 83,150,000 | 81,909,000 | 81,171,000 | 76,649,000 |
| Allowance for loan losses | 1,655,000 | 1,675,000 | 1,683,000 | 1,487,000 |
| Securities available for sale | 4,418,000 | 4,342,000 | 4,243,000 | 4,120,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,168,000 | 123,296,000 | 124,537,000 | 129,744,000 |
| Interest-bearing deposits | 97,547,000 | 97,517,000 | 100,017,000 | 104,958,000 |
| Noninterest-bearing deposits | 26,621,000 | 25,779,000 | 24,520,000 | 24,786,000 |
| Equity capital | 17,548,000 | 17,575,000 | 17,564,000 | 17,664,000 |
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 | 999,000 | 1,974,000 | 2,938,000 | 3,996,000 |
| Interest expense | 124,000 | 243,000 | 357,000 | 469,000 |
| Net interest income | 875,000 | 1,731,000 | 2,581,000 | 3,527,000 |
| Noninterest income | 79,000 | 158,000 | 239,000 | 319,000 |
| Noninterest expense | 722,000 | 1,380,000 | 2,054,000 | 2,722,000 |
| Provision for loan losses | 20,000 | 39,000 | 50,000 | 60,000 |
| Pretax income | 212,000 | 470,000 | 716,000 | 1,064,000 |
| Income tax | 40,000 | 94,000 | 145,000 | 175,000 |
| Net income | 172,000 | 376,000 | 571,000 | 889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,470,000 | 17,475,000 | 17,475,000 | 17,607,000 |