Call reports 2021
MOUNTAIN COMMERCE BANK — 2021
What MOUNTAIN COMMERCE 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 | 1,146,183,000 | 1,238,098,000 | 1,293,849,000 | 1,334,733,000 |
| Total loans | 957,818,000 | 994,064,000 | 1,012,136,000 | 1,070,846,000 |
| Allowance for loan losses | 13,158,000 | 9,673,000 | 9,854,000 | 10,524,000 |
| Securities available for sale | 91,165,000 | 100,219,000 | 112,067,000 | 155,916,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 967,349,000 | 1,002,740,000 | 1,054,853,000 | 1,119,741,000 |
| Interest-bearing deposits | 705,316,000 | 697,702,000 | 729,316,000 | 798,933,000 |
| Noninterest-bearing deposits | 262,033,000 | 305,038,000 | 325,537,000 | 320,808,000 |
| Equity capital | 119,276,000 | 126,606,000 | 130,604,000 | 131,425,000 |
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 | 11,282,000 | 22,699,000 | 34,986,000 | 47,471,000 |
| Interest expense | 976,000 | 1,656,000 | 2,276,000 | 2,798,000 |
| Net interest income | 10,306,000 | 21,043,000 | 32,710,000 | 44,673,000 |
| Noninterest income | 606,000 | 1,309,000 | 1,864,000 | 2,464,000 |
| Noninterest expense | 4,213,000 | 8,243,000 | 12,728,000 | 18,239,000 |
| Provision for loan losses | 0 | -3,500,000 | -3,300,000 | -2,625,000 |
| Pretax income | 6,700,000 | 17,687,000 | 25,215,000 | 31,599,000 |
| Income tax | 1,616,000 | 4,336,000 | 6,002,000 | 7,070,000 |
| Net income | 5,084,000 | 13,351,000 | 19,213,000 | 24,529,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,378,000 | 124,055,000 | 128,597,000 | 130,095,000 |
| Total capital | 129,310,000 | 134,038,000 | 138,766,000 | 141,005,000 |
| Risk-weighted assets | 952,709,000 | 990,458,000 | 1,008,982,000 | 1,096,814,000 |