Call reports 2021
CHOICE FINANCIAL GROUP — 2021
What CHOICE FINANCIAL GROUP 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 | 3,030,306,000 | 3,196,969,000 | 3,051,097,000 | 3,167,797,000 |
| Total loans | 2,347,171,000 | 2,258,242,000 | 2,305,518,000 | 2,368,637,000 |
| Allowance for loan losses | 21,564,000 | 21,814,000 | 23,373,000 | 23,819,000 |
| Securities available for sale | 98,382,000 | 111,994,000 | 127,269,000 | 162,333,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 339,000 | 339,000 | 272,000 | 305,000 |
| Total deposits | 2,636,334,000 | 2,792,979,000 | 2,635,046,000 | 2,738,576,000 |
| Interest-bearing deposits | 1,899,269,000 | 1,965,924,000 | 1,882,047,000 | 1,906,892,000 |
| Noninterest-bearing deposits | 737,065,000 | 827,054,000 | 752,999,000 | 831,683,000 |
| Equity capital | 333,754,000 | 342,805,000 | 353,321,000 | 362,248,000 |
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 | 29,292,000 | 58,081,000 | 88,219,000 | 118,349,000 |
| Interest expense | 2,189,000 | 4,229,000 | 6,006,000 | 7,556,000 |
| Net interest income | 27,103,000 | 53,852,000 | 82,213,000 | 110,793,000 |
| Noninterest income | 7,786,000 | 15,189,000 | 23,004,000 | 32,031,000 |
| Noninterest expense | 17,155,000 | 34,631,000 | 52,463,000 | 73,154,000 |
| Provision for loan losses | 1,350,000 | 2,250,000 | 3,600,000 | 4,950,000 |
| Pretax income | 16,686,000 | 32,426,000 | 49,508,000 | 65,173,000 |
| Income tax | 4,270,000 | 8,472,000 | 12,318,000 | 16,701,000 |
| Net income | 12,416,000 | 23,954,000 | 37,190,000 | 48,472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 267,703,000 | 277,231,000 | 287,987,000 | 296,983,000 |