Call reports 2021
ERGO BANK — 2021
What ERGO 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 | 119,369,000 | 128,445,000 | 134,794,000 | 133,805,000 |
| Total loans | 85,448,000 | 90,612,000 | 93,543,000 | 101,383,000 |
| Allowance for loan losses | 1,180,000 | 1,326,000 | 1,373,000 | 1,383,000 |
| Securities available for sale | 23,967,000 | 21,205,000 | 23,327,000 | 24,191,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,100,000 | 105,900,000 | 112,210,000 | 109,580,000 |
| Interest-bearing deposits | 90,020,000 | 94,722,000 | 98,428,000 | 97,737,000 |
| Noninterest-bearing deposits | 8,080,000 | 11,178,000 | 13,782,000 | 11,844,000 |
| Equity capital | 12,015,000 | 12,229,000 | 12,242,000 | 12,226,000 |
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 | 1,272,000 | 2,852,000 | 4,036,000 | 5,261,000 |
| Interest expense | 163,000 | 324,000 | 463,000 | 600,000 |
| Net interest income | 1,109,000 | 2,528,000 | 3,573,000 | 4,661,000 |
| Noninterest income | 147,000 | 235,000 | 320,000 | 372,000 |
| Noninterest expense | 948,000 | 1,920,000 | 2,804,000 | 3,644,000 |
| Provision for loan losses | 96,000 | 241,000 | 287,000 | 345,000 |
| Pretax income | 233,000 | 655,000 | 888,000 | 1,137,000 |
| Income tax | 47,000 | 270,000 | 321,000 | 386,000 |
| Net income | 186,000 | 385,000 | 567,000 | 751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,841,000 | 11,947,000 | 12,016,000 | 12,023,000 |