Call reports 2021
BANK OF BURLINGTON — 2021
What BANK OF BURLINGTON 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 | 86,428,000 | 80,801,000 | 80,321,000 | 94,026,000 |
| Total loans | 36,707,000 | 38,258,000 | 35,049,000 | 32,547,000 |
| Allowance for loan losses | 650,000 | 650,000 | 650,000 | 650,000 |
| Securities available for sale | 7,459,000 | 7,420,000 | 8,359,000 | 12,236,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,476,000 | 61,283,000 | 60,724,000 | 74,410,000 |
| Interest-bearing deposits | 41,589,000 | 42,480,000 | 39,671,000 | 40,713,000 |
| Noninterest-bearing deposits | 24,887,000 | 18,803,000 | 21,053,000 | 33,697,000 |
| Equity capital | 9,519,000 | 9,229,000 | 9,324,000 | 9,331,000 |
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 | 515,000 | 977,000 | 1,457,000 | 1,922,000 |
| Interest expense | 58,000 | 110,000 | 157,000 | 199,000 |
| Net interest income | 457,000 | 867,000 | 1,300,000 | 1,723,000 |
| Noninterest income | 414,000 | 638,000 | 685,000 | 737,000 |
| Noninterest expense | 375,000 | 808,000 | 1,187,000 | 1,577,000 |
| Provision for loan losses | 50,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 446,000 | 647,000 | 748,000 | 833,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 446,000 | 647,000 | 748,000 | 833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,492,000 | 9,195,000 | 9,296,000 | 9,381,000 |