Call reports 2021
SOLUTIONS NORTH BANK — 2021
What SOLUTIONS NORTH 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 | 299,655,000 | 304,345,000 | 305,557,000 | 319,969,000 |
| Total loans | 175,270,000 | 191,377,000 | 191,123,000 | 198,653,000 |
| Allowance for loan losses | 4,012,000 | 4,038,000 | 4,070,000 | 4,127,000 |
| Securities available for sale | 79,862,000 | 82,199,000 | 73,395,000 | 84,823,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,159,000 | 251,705,000 | 247,399,000 | 262,607,000 |
| Interest-bearing deposits | 209,890,000 | 210,899,000 | 208,504,000 | 218,623,000 |
| Noninterest-bearing deposits | 40,269,000 | 40,806,000 | 38,895,000 | 43,984,000 |
| Equity capital | 35,716,000 | 36,936,000 | 37,801,000 | 37,414,000 |
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 | 3,379,000 | 6,315,000 | 9,027,000 | 11,775,000 |
| Interest expense | 404,000 | 781,000 | 1,167,000 | 1,537,000 |
| Net interest income | 2,975,000 | 5,534,000 | 7,860,000 | 10,238,000 |
| Noninterest income | 134,000 | 259,000 | 374,000 | 509,000 |
| Noninterest expense | 1,443,000 | 2,804,000 | 4,245,000 | 5,865,000 |
| Provision for loan losses | 23,000 | 50,000 | 80,000 | 110,000 |
| Pretax income | 2,030,000 | 3,326,000 | 4,774,000 | 5,637,000 |
| Income tax | 533,000 | 921,000 | 1,289,000 | 1,508,000 |
| Net income | 1,497,000 | 2,405,000 | 3,485,000 | 4,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,530,000 | 34,437,000 | 35,517,000 | 35,561,000 |
| Total capital | 36,165,000 | 37,161,000 | 38,297,000 | 38,489,000 |
| Risk-weighted assets | 209,450,000 | 216,640,000 | 221,151,000 | 233,063,000 |