Call reports 2021
BANK OF LABOR — 2021
What BANK OF LABOR 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 | 802,465,000 | 866,436,000 | 869,622,000 | 884,135,000 |
| Total loans | 238,766,000 | 276,558,000 | 256,412,000 | 247,671,000 |
| Allowance for loan losses | 3,287,000 | 3,209,000 | 3,207,000 | 2,801,000 |
| Securities available for sale | 377,370,000 | 406,615,000 | 418,878,000 | 470,945,000 |
| Securities held to maturity | 65,199,000 | 56,026,000 | 54,044,000 | 48,062,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 667,243,000 | 718,719,000 | 718,351,000 | 743,121,000 |
| Interest-bearing deposits | 470,135,000 | 500,111,000 | 492,264,000 | 510,205,000 |
| Noninterest-bearing deposits | 197,108,000 | 218,608,000 | 226,087,000 | 232,916,000 |
| Equity capital | 49,728,000 | 53,958,000 | 60,388,000 | 57,343,000 |
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 | 5,120,000 | 10,470,000 | 17,045,000 | 22,744,000 |
| Interest expense | 187,000 | 338,000 | 461,000 | 576,000 |
| Net interest income | 4,933,000 | 10,132,000 | 16,584,000 | 22,168,000 |
| Noninterest income | 1,558,000 | 3,193,000 | 5,004,000 | 6,683,000 |
| Noninterest expense | 5,842,000 | 11,697,000 | 18,090,000 | 24,988,000 |
| Provision for loan losses | 0 | -100,000 | -100,000 | -469,000 |
| Pretax income | 693,000 | 1,953,000 | 4,071,000 | 4,809,000 |
| Income tax | 159,000 | 461,000 | 982,000 | 1,163,000 |
| Net income | 534,000 | 1,492,000 | 3,089,000 | 3,646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,419,000 | 54,283,000 | 58,879,000 | 59,371,000 |
| Total capital | 56,706,000 | 57,492,000 | 62,086,000 | 62,171,000 |
| Risk-weighted assets | 415,061,000 | 426,023,000 | 432,670,000 | 433,549,000 |