Call reports 2021
PROFESSIONAL BANK — 2021
What PROFESSIONAL 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 | 2,233,693,000 | 2,560,509,000 | 2,644,955,000 | 2,662,830,000 |
| Total loans | 1,730,934,000 | 1,692,624,000 | 1,687,535,000 | 1,777,329,000 |
| Allowance for loan losses | 9,656,000 | 10,418,000 | 11,478,000 | 12,704,000 |
| Securities available for sale | 79,408,000 | 120,496,000 | 113,680,000 | 194,301,000 |
| Securities held to maturity | 1,515,000 | 1,285,000 | 259,000 | 236,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,947,999,000 | 2,300,666,000 | 2,375,635,000 | 2,381,332,000 |
| Interest-bearing deposits | 1,313,446,000 | 1,418,020,000 | 1,555,357,000 | 1,697,385,000 |
| Noninterest-bearing deposits | 634,553,000 | 882,646,000 | 820,278,000 | 683,947,000 |
| Equity capital | 192,024,000 | 213,601,000 | 220,276,000 | 234,014,000 |
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 | 19,772,000 | 38,734,000 | 59,624,000 | 79,621,000 |
| Interest expense | 1,762,000 | 3,445,000 | 5,104,000 | 6,921,000 |
| Net interest income | 18,010,000 | 35,289,000 | 54,520,000 | 72,700,000 |
| Noninterest income | 1,265,000 | 3,699,000 | 5,324,000 | 6,749,000 |
| Noninterest expense | 10,971,000 | 21,864,000 | 33,400,000 | 46,144,000 |
| Provision for loan losses | 1,038,000 | 1,800,000 | 2,860,000 | 4,740,000 |
| Pretax income | 7,175,000 | 15,283,000 | 23,505,000 | 28,438,000 |
| Income tax | 1,633,000 | 3,168,000 | 4,856,000 | 5,619,000 |
| Net income | 5,542,000 | 12,115,000 | 18,649,000 | 22,819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,392,000 | 187,416,000 | 194,377,000 | 208,997,000 |
| Total capital | 176,109,000 | 198,835,000 | 206,776,000 | 222,696,000 |
| Risk-weighted assets | 1,520,323,000 | 1,550,041,000 | 1,600,069,000 | 1,730,432,000 |