Call reports 2021
FINANCE FACTORS, LIMITED — 2021
What FINANCE FACTORS, LIMITED 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 | 580,625,000 | 559,223,000 | 551,608,000 | 578,059,000 |
| Total loans | 397,299,000 | 397,854,000 | 393,927,000 | 386,936,000 |
| Allowance for loan losses | 11,969,000 | 11,832,000 | 12,015,000 | 12,093,000 |
| Securities available for sale | 70,749,000 | 65,570,000 | 68,293,000 | 71,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 13,763,000 | 14,916,000 | 15,005,000 | 16,666,000 |
| Total deposits | 450,186,000 | 449,905,000 | 446,995,000 | 447,504,000 |
| Interest-bearing deposits | 449,409,000 | 448,716,000 | 446,080,000 | 446,592,000 |
| Noninterest-bearing deposits | 777,000 | 1,189,000 | 915,000 | 912,000 |
| Equity capital | 73,567,000 | 74,582,000 | 74,378,000 | 74,303,000 |
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 | 5,200,000 | 10,380,000 | 15,453,000 | 20,458,000 |
| Interest expense | 522,000 | 946,000 | 1,334,000 | 1,713,000 |
| Net interest income | 4,678,000 | 9,434,000 | 14,119,000 | 18,745,000 |
| Noninterest income | 1,784,000 | 3,711,000 | 4,360,000 | 6,233,000 |
| Noninterest expense | 4,321,000 | 8,784,000 | 13,332,000 | 17,810,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,141,000 | 4,374,000 | 5,160,000 | 7,181,000 |
| Income tax | 547,000 | 1,030,000 | 1,203,000 | 1,706,000 |
| Net income | 1,594,000 | 3,344,000 | 3,957,000 | 5,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,228,000 | 73,479,000 | 73,593,000 | 74,110,000 |
| Total capital | 77,328,000 | 78,609,000 | 78,633,000 | 79,764,000 |
| Risk-weighted assets | 401,098,000 | 403,658,000 | 396,182,000 | 445,813,000 |