Call reports 2021
BETTER BANKS — 2021
What BETTER BANKS 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 | 378,111,000 | 380,331,000 | 404,344,000 | 411,263,000 |
| Total loans | 215,695,000 | 226,616,000 | 238,088,000 | 247,920,000 |
| Allowance for loan losses | 2,628,000 | 2,648,000 | 2,685,000 | 3,013,000 |
| Securities available for sale | 95,266,000 | 113,616,000 | 121,192,000 | 126,111,000 |
| Securities held to maturity | 2,757,000 | 6,721,000 | 6,710,000 | 6,759,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,445,000 | 346,628,000 | 370,083,000 | 377,433,000 |
| Interest-bearing deposits | 269,699,000 | 273,462,000 | 295,438,000 | 294,614,000 |
| Noninterest-bearing deposits | 75,746,000 | 73,166,000 | 74,645,000 | 82,819,000 |
| Equity capital | 31,212,000 | 32,012,000 | 32,513,000 | 32,323,000 |
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 | 2,891,000 | 5,937,000 | 9,156,000 | 12,479,000 |
| Interest expense | 152,000 | 299,000 | 430,000 | 551,000 |
| Net interest income | 2,739,000 | 5,638,000 | 8,726,000 | 11,928,000 |
| Noninterest income | 1,175,000 | 2,273,000 | 3,402,000 | 4,608,000 |
| Noninterest expense | 2,801,000 | 5,644,000 | 8,571,000 | 11,674,000 |
| Provision for loan losses | 60,000 | 170,000 | 230,000 | 574,000 |
| Pretax income | 1,053,000 | 2,074,000 | 3,304,000 | 4,265,000 |
| Income tax | 52,000 | 52,000 | 52,000 | 210,000 |
| Net income | 1,001,000 | 2,022,000 | 3,252,000 | 4,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,557,000 | 28,113,000 | 28,926,000 | 29,564,000 |
| Total capital | 30,185,000 | 30,761,000 | 31,611,000 | 32,577,000 |
| Risk-weighted assets | 222,191,000 | 236,975,000 | 250,356,000 | 266,303,000 |