Call reports 2021
1ST CONSTITUTION BANK — 2021
What 1ST CONSTITUTION BANK 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 | 1,805,675,000 | 1,788,688,000 | 1,909,983,000 | 1,903,178,000 |
| Total loans | 1,310,667,000 | 1,241,459,000 | 1,205,223,000 | 1,129,806,000 |
| Allowance for loan losses | 17,044,000 | 16,925,000 | 17,160,000 | 16,681,000 |
| Securities available for sale | 130,897,000 | 130,886,000 | 203,940,000 | 224,908,000 |
| Securities held to maturity | 95,371,000 | 97,993,000 | 125,198,000 | 123,408,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,561,551,000 | 1,546,409,000 | 1,638,984,000 | 1,658,778,000 |
| Interest-bearing deposits | 1,091,880,000 | 1,056,760,000 | 1,104,125,000 | 1,143,176,000 |
| Noninterest-bearing deposits | 469,671,000 | 489,649,000 | 534,859,000 | 515,602,000 |
| Equity capital | 209,099,000 | 213,467,000 | 217,650,000 | 219,973,000 |
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 | 16,961,000 | 32,825,000 | 48,929,000 | 64,460,000 |
| Interest expense | 1,598,000 | 2,940,000 | 4,155,000 | 5,294,000 |
| Net interest income | 15,363,000 | 29,885,000 | 44,774,000 | 59,166,000 |
| Noninterest income | 4,001,000 | 7,657,000 | 11,476,000 | 14,077,000 |
| Noninterest expense | 11,027,000 | 21,480,000 | 32,239,000 | 43,067,000 |
| Provision for loan losses | 1,400,000 | 2,000,000 | 2,600,000 | 2,100,000 |
| Pretax income | 6,939,000 | 14,066,000 | 21,417,000 | 28,262,000 |
| Income tax | 1,944,000 | 3,853,000 | 5,710,000 | 7,699,000 |
| Net income | 4,995,000 | 10,213,000 | 15,707,000 | 20,563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 171,415,000 | 175,838,000 | 180,469,000 | 184,511,000 |
| Total capital | 188,459,000 | 192,763,000 | 197,629,000 | 201,192,000 |
| Risk-weighted assets | 1,409,907,000 | 1,376,319,000 | 1,381,281,000 | 1,392,355,000 |