Call reports 2021
CREDIT ONE BANK, NATIONAL ASSOCIATION — 2021
What CREDIT ONE 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 | 805,836,000 | 803,859,000 | 878,394,000 | 865,725,000 |
| Total loans | 430,303,000 | 465,021,000 | 513,142,000 | 578,988,000 |
| Allowance for loan losses | 63,584,000 | 60,205,000 | 63,305,000 | 75,699,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 26,329,000 | 26,350,000 | 26,396,000 | 26,407,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,386,000 | 316,202,000 | 352,525,000 | 354,959,000 |
| Interest-bearing deposits | 309,738,000 | 315,527,000 | 351,811,000 | 354,284,000 |
| Noninterest-bearing deposits | 648,000 | 675,000 | 714,000 | 675,000 |
| Equity capital | 334,329,000 | 322,212,000 | 352,406,000 | 342,302,000 |
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 | 31,667,000 | 60,878,000 | 94,976,000 | 132,446,000 |
| Interest expense | 1,090,000 | 2,040,000 | 2,973,000 | 3,893,000 |
| Net interest income | 30,577,000 | 58,838,000 | 92,003,000 | 128,553,000 |
| Noninterest income | 201,534,000 | 421,002,000 | 660,511,000 | 911,339,000 |
| Noninterest expense | 147,012,000 | 306,591,000 | 479,423,000 | 656,913,000 |
| Provision for loan losses | 8,700,000 | 13,985,000 | 23,595,000 | 43,514,000 |
| Pretax income | 76,289,000 | 159,172,000 | 249,366,000 | 339,262,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 76,289,000 | 159,172,000 | 249,366,000 | 339,262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 323,223,000 | 311,106,000 | 341,300,000 | 331,196,000 |