Call reports 2021
LEVEL ONE BANK — 2021
What LEVEL ONE 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 | 2,572,552,000 | 2,507,040,000 | 2,544,498,000 | 2,516,065,000 |
| Total loans | 1,881,241,000 | 1,784,548,000 | 1,735,069,000 | 1,665,673,000 |
| Allowance for loan losses | 22,578,000 | 23,144,000 | 21,731,000 | 21,425,000 |
| Securities available for sale | 346,266,000 | 376,453,000 | 389,528,000 | 397,551,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,130,398,000 | 2,058,272,000 | 2,084,238,000 | 2,057,111,000 |
| Interest-bearing deposits | 1,349,277,000 | 1,297,357,000 | 1,275,113,000 | 1,243,300,000 |
| Noninterest-bearing deposits | 781,121,000 | 760,915,000 | 809,125,000 | 813,811,000 |
| Equity capital | 237,107,000 | 247,099,000 | 257,126,000 | 263,229,000 |
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 | 21,551,000 | 43,288,000 | 65,610,000 | 86,650,000 |
| Interest expense | 1,853,000 | 3,419,000 | 4,852,000 | 6,189,000 |
| Net interest income | 19,698,000 | 39,869,000 | 60,758,000 | 80,461,000 |
| Noninterest income | 7,248,000 | 11,573,000 | 17,615,000 | 22,340,000 |
| Noninterest expense | 14,910,000 | 29,189,000 | 44,815,000 | 60,043,000 |
| Provision for loan losses | 265,000 | 805,000 | -384,000 | -725,000 |
| Pretax income | 11,791,000 | 21,468,000 | 33,962,000 | 43,504,000 |
| Income tax | 2,290,000 | 4,117,000 | 6,541,000 | 8,289,000 |
| Net income | 9,501,000 | 17,351,000 | 27,421,000 | 35,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 195,308,000 | 203,456,000 | 213,793,000 | 222,202,000 |
| Total capital | 215,082,000 | 223,992,000 | 235,093,000 | 243,385,000 |
| Risk-weighted assets | 1,578,757,000 | 1,639,845,000 | 1,703,206,000 | 1,694,019,000 |