Call reports 2021
NEWPORT FEDERAL BANK — 2021
What NEWPORT FEDERAL 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 | 250,570,000 | 250,663,000 | 253,888,000 | 258,348,000 |
| Total loans | 105,708,000 | 105,622,000 | 102,765,000 | 104,580,000 |
| Allowance for loan losses | 1,693,000 | 1,692,000 | 1,694,000 | 1,694,000 |
| Securities available for sale | 118,325,000 | 124,125,000 | 127,555,000 | 131,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,182,000 | 225,722,000 | 228,602,000 | 233,307,000 |
| Interest-bearing deposits | 185,291,000 | 188,326,000 | 188,279,000 | 188,161,000 |
| Noninterest-bearing deposits | 38,891,000 | 37,396,000 | 40,323,000 | 45,146,000 |
| Equity capital | 24,603,000 | 22,973,000 | 23,357,000 | 23,099,000 |
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 | 1,698,000 | 3,404,000 | 5,049,000 | 6,699,000 |
| Interest expense | 333,000 | 638,000 | 924,000 | 1,195,000 |
| Net interest income | 1,365,000 | 2,766,000 | 4,125,000 | 5,504,000 |
| Noninterest income | 165,000 | 340,000 | 513,000 | 693,000 |
| Noninterest expense | 1,018,000 | 2,028,000 | 3,091,000 | 4,214,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 482,000 | 1,048,000 | 1,517,000 | 1,953,000 |
| Income tax | 132,000 | 290,000 | 412,000 | 377,000 |
| Net income | 350,000 | 758,000 | 1,105,000 | 1,576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,876,000 | 22,784,000 | 23,131,000 | 23,602,000 |