Call reports 2021
TITAN BANK, N.A. — 2021
What TITAN BANK, N.A. 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 | 532,367,000 | 512,810,000 | 474,507,000 | 477,362,000 |
| Total loans | 276,813,000 | 262,469,000 | 243,465,000 | 227,923,000 |
| Allowance for loan losses | 1,706,000 | 1,682,000 | 1,746,000 | 1,744,000 |
| Securities available for sale | 55,301,000 | 71,231,000 | 73,594,000 | 102,286,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 445,688,000 | 473,913,000 | 434,647,000 | 436,567,000 |
| Interest-bearing deposits | 382,362,000 | 412,377,000 | 377,946,000 | 397,692,000 |
| Noninterest-bearing deposits | 63,326,000 | 61,536,000 | 56,701,000 | 38,875,000 |
| Equity capital | 33,395,000 | 38,252,000 | 39,226,000 | 40,128,000 |
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 | 2,641,000 | 5,342,000 | 8,013,000 | 10,744,000 |
| Interest expense | 130,000 | 212,000 | 297,000 | 380,000 |
| Net interest income | 2,511,000 | 5,130,000 | 7,716,000 | 10,364,000 |
| Noninterest income | 4,570,000 | 7,535,000 | 8,128,000 | 8,588,000 |
| Noninterest expense | 1,743,000 | 3,347,000 | 5,107,000 | 6,889,000 |
| Provision for loan losses | 0 | -16,000 | 48,000 | 48,000 |
| Pretax income | 5,338,000 | 9,349,000 | 10,719,000 | 12,045,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,335,000 | 9,346,000 | 10,716,000 | 12,042,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,032,000 | 36,044,000 | 37,193,000 | 38,526,000 |
| Total capital | 33,738,000 | 37,726,000 | 38,939,000 | 40,270,000 |
| Risk-weighted assets | 157,046,000 | 165,137,000 | 174,699,000 | 187,281,000 |