Call reports 2021
CLARE BANK, NATIONAL ASSOCIATION — 2021
What CLARE BANK, NATIONAL ASSOCIATION 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 | 330,501,000 | 342,629,000 | 341,975,000 | 357,916,000 |
| Total loans | 143,672,000 | 140,156,000 | 137,136,000 | 135,064,000 |
| Allowance for loan losses | 635,000 | 630,000 | 596,000 | 603,000 |
| Securities available for sale | 151,293,000 | 170,162,000 | 186,313,000 | 193,018,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,245,000 | 299,969,000 | 301,149,000 | 317,163,000 |
| Interest-bearing deposits | 241,739,000 | 249,685,000 | 248,183,000 | 260,855,000 |
| Noninterest-bearing deposits | 49,506,000 | 50,284,000 | 52,966,000 | 56,308,000 |
| Equity capital | 34,984,000 | 37,382,000 | 35,522,000 | 35,482,000 |
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 | 2,052,000 | 4,190,000 | 6,420,000 | 8,741,000 |
| Interest expense | 270,000 | 528,000 | 808,000 | 1,064,000 |
| Net interest income | 1,782,000 | 3,662,000 | 5,612,000 | 7,677,000 |
| Noninterest income | 78,000 | 160,000 | 244,000 | 381,000 |
| Noninterest expense | 1,059,000 | 2,180,000 | 3,260,000 | 4,394,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 949,000 | 1,827,000 | 2,786,000 | 3,859,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 949,000 | 1,827,000 | 2,786,000 | 3,859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,474,000 | 35,353,000 | 35,312,000 | 36,384,000 |