Call reports 2021
BEACH BANK — 2021
What BEACH 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 | 612,804,000 | 602,207,000 | 595,213,000 | 597,559,000 |
| Total loans | 427,890,000 | 424,783,000 | 429,447,000 | 437,963,000 |
| Allowance for loan losses | 4,803,000 | 5,094,000 | 5,235,000 | 5,447,000 |
| Securities available for sale | 11,564,000 | 9,389,000 | 7,764,000 | 6,592,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 483,536,000 | 481,175,000 | 473,632,000 | 475,606,000 |
| Interest-bearing deposits | 351,062,000 | 343,255,000 | 340,933,000 | 352,460,000 |
| Noninterest-bearing deposits | 132,474,000 | 137,920,000 | 132,699,000 | 123,146,000 |
| Equity capital | 79,182,000 | 79,845,000 | 80,489,000 | 81,178,000 |
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 | 4,559,000 | 9,186,000 | 14,054,000 | 19,015,000 |
| Interest expense | 755,000 | 1,381,000 | 1,922,000 | 2,449,000 |
| Net interest income | 3,804,000 | 7,805,000 | 12,132,000 | 16,566,000 |
| Noninterest income | 1,852,000 | 3,635,000 | 5,101,000 | 6,429,000 |
| Noninterest expense | 4,776,000 | 9,547,000 | 14,492,000 | 19,470,000 |
| Provision for loan losses | 140,000 | 301,000 | 372,000 | 372,000 |
| Pretax income | 740,000 | 1,592,000 | 2,369,000 | 3,153,000 |
| Income tax | 230,000 | 451,000 | 676,000 | 853,000 |
| Net income | 510,000 | 1,141,000 | 1,693,000 | 2,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,090,000 | 55,154,000 | 55,937,000 | 56,897,000 |
| Total capital | 58,893,000 | 60,248,000 | 61,172,000 | 62,344,000 |
| Risk-weighted assets | 411,098,000 | 426,182,000 | 444,138,000 | 453,358,000 |