Call reports 2021
ARLO BANK — 2021
What ARLO 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 | 52,501,000 | 53,006,000 | 54,379,000 | 50,772,000 |
| Total loans | 38,558,000 | 40,940,000 | 39,140,000 | 40,185,000 |
| Allowance for loan losses | 375,000 | 414,000 | 416,000 | 416,000 |
| Securities available for sale | 1,781,000 | 1,563,000 | 2,599,000 | 3,341,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,757,000 | 42,195,000 | 44,019,000 | 40,335,000 |
| Interest-bearing deposits | 40,711,000 | 40,486,000 | 42,049,000 | 38,388,000 |
| Noninterest-bearing deposits | 1,046,000 | 1,709,000 | 1,970,000 | 1,947,000 |
| Equity capital | 10,177,000 | 10,178,000 | 10,222,000 | 10,318,000 |
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 | 487,000 | 1,009,000 | 1,520,000 | 2,021,000 |
| Interest expense | 129,000 | 258,000 | 384,000 | 506,000 |
| Net interest income | 358,000 | 751,000 | 1,136,000 | 1,515,000 |
| Noninterest income | 9,000 | 24,000 | 37,000 | 52,000 |
| Noninterest expense | 341,000 | 680,000 | 1,020,000 | 1,320,000 |
| Provision for loan losses | 5,000 | 48,000 | 49,000 | 49,000 |
| Pretax income | 21,000 | 47,000 | 104,000 | 198,000 |
| Income tax | 3,000 | 4,000 | 10,000 | 12,000 |
| Net income | 18,000 | 43,000 | 94,000 | 186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,134,000 | 10,159,000 | 10,210,000 | 10,304,000 |
| Total capital | 10,509,000 | — | — | — |
| Risk-weighted assets | 31,094,000 | — | — | — |