Call reports 2021
PORTAGE COMMUNITY BANK — 2021
What PORTAGE COMMUNITY 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 | 468,471,000 | 475,450,000 | 475,985,000 | 474,414,000 |
| Total loans | 269,503,000 | 268,460,000 | 270,083,000 | 275,853,000 |
| Allowance for loan losses | 2,991,000 | 2,998,000 | 2,892,000 | 2,887,000 |
| Securities available for sale | 80,136,000 | 95,250,000 | 106,065,000 | 113,232,000 |
| Securities held to maturity | 600,000 | 600,000 | 1,600,000 | 2,600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,009,000 | 409,772,000 | 410,266,000 | 409,478,000 |
| Interest-bearing deposits | 310,396,000 | 316,338,000 | 314,160,000 | 310,183,000 |
| Noninterest-bearing deposits | 90,613,000 | 93,434,000 | 96,106,000 | 99,295,000 |
| Equity capital | 47,197,000 | 47,508,000 | 48,354,000 | 47,771,000 |
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 | 3,302,000 | 6,643,000 | 10,126,000 | 13,428,000 |
| Interest expense | 515,000 | 954,000 | 1,333,000 | 1,669,000 |
| Net interest income | 2,787,000 | 5,689,000 | 8,793,000 | 11,759,000 |
| Noninterest income | 684,000 | 1,250,000 | 1,893,000 | 2,567,000 |
| Noninterest expense | 2,732,000 | 5,647,000 | 8,723,000 | 11,808,000 |
| Provision for loan losses | 0 | 0 | -100,000 | -100,000 |
| Pretax income | 739,000 | 1,292,000 | 2,077,000 | 2,700,000 |
| Income tax | 107,000 | 176,000 | 302,000 | 408,000 |
| Net income | 632,000 | 1,116,000 | 1,775,000 | 2,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,589,000 | 46,483,000 | 47,142,000 | 47,659,000 |
| Total capital | 49,580,000 | 49,481,000 | 50,035,000 | 50,546,000 |
| Risk-weighted assets | 257,472,000 | 266,731,000 | 276,637,000 | 286,286,000 |