Call reports 2021
ARMSTRONG BANK — 2021
What ARMSTRONG 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 | 2,339,834,000 | 2,394,764,000 | 2,416,836,000 | 2,490,527,000 |
| Total loans | 1,226,413,000 | 1,250,380,000 | 1,227,181,000 | 1,237,369,000 |
| Allowance for loan losses | 16,911,000 | 17,736,000 | 16,632,000 | 16,303,000 |
| Securities available for sale | 592,700,000 | 646,700,000 | 637,265,000 | 786,961,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,078,614,000 | 2,125,019,000 | 2,156,331,000 | 2,234,958,000 |
| Interest-bearing deposits | 1,370,039,000 | 1,384,352,000 | 1,419,036,000 | 1,442,981,000 |
| Noninterest-bearing deposits | 708,575,000 | 740,667,000 | 737,295,000 | 791,977,000 |
| Equity capital | 219,790,000 | 236,422,000 | 240,790,000 | 242,314,000 |
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 | 18,995,000 | 40,586,000 | 64,286,000 | 84,338,000 |
| Interest expense | 2,478,000 | 4,661,000 | 6,611,000 | 8,463,000 |
| Net interest income | 16,517,000 | 35,925,000 | 57,675,000 | 75,875,000 |
| Noninterest income | 6,091,000 | 12,276,000 | 18,838,000 | 24,971,000 |
| Noninterest expense | 14,183,000 | 29,259,000 | 44,401,000 | 60,803,000 |
| Provision for loan losses | 704,000 | 1,495,000 | 2,073,000 | 2,122,000 |
| Pretax income | 7,783,000 | 17,848,000 | 30,501,000 | 38,392,000 |
| Income tax | 1,180,000 | 2,908,000 | 5,243,000 | 6,832,000 |
| Net income | 6,603,000 | 14,940,000 | 25,258,000 | 31,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 189,298,000 | 197,514,000 | 205,208,000 | 208,888,000 |
| Total capital | 205,621,000 | 214,298,000 | 221,840,000 | 225,191,000 |
| Risk-weighted assets | 1,305,315,000 | 1,341,779,000 | 1,379,244,000 | 1,393,214,000 |