Call reports 2021
THREAD BANK — 2021
What THREAD 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 | 96,178,000 | 145,613,000 | 189,053,000 | 244,301,000 |
| Total loans | 42,960,000 | 43,178,000 | 56,203,000 | 85,226,000 |
| Allowance for loan losses | 388,000 | 887,000 | 1,015,000 | 1,314,000 |
| Securities available for sale | 14,105,000 | 43,596,000 | 56,947,000 | 100,009,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,269,000 | 106,709,000 | 151,665,000 | 208,625,000 |
| Interest-bearing deposits | 65,050,000 | 67,411,000 | 110,358,000 | 165,104,000 |
| Noninterest-bearing deposits | 28,219,000 | 39,298,000 | 41,307,000 | 43,521,000 |
| Equity capital | 1,469,000 | 37,294,000 | 36,590,000 | 34,902,000 |
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 | 693,000 | 1,341,000 | 2,138,000 | 3,203,000 |
| Interest expense | 69,000 | 134,000 | 203,000 | 307,000 |
| Net interest income | 624,000 | 1,207,000 | 1,935,000 | 2,896,000 |
| Noninterest income | 95,000 | -129,000 | -62,000 | -26,000 |
| Noninterest expense | 1,001,000 | 243,000 | 1,736,000 | 3,680,000 |
| Provision for loan losses | 0 | 540,000 | 667,000 | 956,000 |
| Pretax income | -245,000 | 332,000 | -493,000 | -1,729,000 |
| Income tax | 0 | 0 | 29,000 | 29,000 |
| Net income | -245,000 | 332,000 | -522,000 | -1,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,041,000 | 37,895,000 | 36,906,000 | 32,302,000 |
| Total capital | 2,429,000 | 38,502,000 | 37,719,000 | 33,616,000 |
| Risk-weighted assets | 43,529,000 | 48,394,000 | 64,858,000 | 104,832,000 |