Call reports 2021
ION BANK — 2021
What ION 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 | 1,771,360,000 | 1,772,063,000 | 1,782,194,000 | 1,738,910,000 |
| Total loans | 1,251,435,000 | 1,203,551,000 | 1,158,124,000 | 1,124,719,000 |
| Allowance for loan losses | 15,526,000 | 15,887,000 | 15,970,000 | 16,814,000 |
| Securities available for sale | 73,032,000 | 110,813,000 | 112,776,000 | 121,462,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 4,574,000 | 6,002,000 | 13,412,000 | 13,583,000 |
| Total deposits | 1,532,968,000 | 1,526,457,000 | 1,537,667,000 | 1,508,634,000 |
| Interest-bearing deposits | 1,026,377,000 | 990,640,000 | 1,013,987,000 | 965,922,000 |
| Noninterest-bearing deposits | 506,591,000 | 535,817,000 | 523,680,000 | 542,712,000 |
| Equity capital | 137,523,000 | 140,592,000 | 144,185,000 | 156,471,000 |
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 | 13,230,000 | 26,081,000 | 39,450,000 | 52,459,000 |
| Interest expense | 1,220,000 | 2,261,000 | 3,166,000 | 3,898,000 |
| Net interest income | 12,010,000 | 23,820,000 | 36,284,000 | 48,561,000 |
| Noninterest income | 3,000,000 | 6,851,000 | 10,689,000 | 14,410,000 |
| Noninterest expense | 11,143,000 | 22,349,000 | 34,108,000 | 47,424,000 |
| Provision for loan losses | 0 | 350,000 | 425,000 | 475,000 |
| Pretax income | 4,993,000 | 9,611,000 | 13,925,000 | 17,067,000 |
| Income tax | 1,023,000 | 1,955,000 | 2,826,000 | 3,449,000 |
| Net income | 3,970,000 | 7,656,000 | 11,099,000 | 13,618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 153,020,000 | 156,706,000 | 160,150,000 | 162,668,000 |
| Total capital | 167,207,000 | 171,047,000 | 174,624,000 | 177,233,000 |
| Risk-weighted assets | 1,133,660,000 | 1,145,736,000 | 1,156,480,000 | 1,162,934,000 |