Call reports 2021
FORBRIGHT BANK — 2021
What FORBRIGHT 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 | 1,968,212,000 | 2,464,967,000 | 3,020,249,000 | 4,678,422,000 |
| Total loans | 1,723,103,000 | 1,943,099,000 | 2,659,787,000 | 3,379,088,000 |
| Allowance for loan losses | 14,600,000 | 17,263,000 | 23,713,000 | 30,555,000 |
| Securities available for sale | 17,888,000 | 17,581,000 | 25,633,000 | 24,952,000 |
| Securities held to maturity | 7,501,000 | 7,501,000 | 7,501,000 | 7,501,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,501,134,000 | 1,731,980,000 | 2,370,320,000 | 3,849,804,000 |
| Interest-bearing deposits | 1,079,262,000 | 1,165,803,000 | 1,787,547,000 | 3,293,798,000 |
| Noninterest-bearing deposits | 421,872,000 | 566,177,000 | 582,773,000 | 556,006,000 |
| Equity capital | 192,358,000 | 451,318,000 | 459,681,000 | 599,562,000 |
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 | 21,754,000 | 48,618,000 | 82,849,000 | 133,578,000 |
| Interest expense | 1,960,000 | 4,167,000 | 5,766,000 | 11,596,000 |
| Net interest income | 19,794,000 | 44,451,000 | 77,083,000 | 121,982,000 |
| Noninterest income | 7,825,000 | 15,474,000 | 23,668,000 | 31,577,000 |
| Noninterest expense | 17,829,000 | 35,427,000 | 57,147,000 | 85,863,000 |
| Provision for loan losses | 2,362,000 | 5,145,000 | 14,395,000 | 21,457,000 |
| Pretax income | 7,428,000 | 19,353,000 | 29,209,000 | 46,239,000 |
| Income tax | 2,057,000 | 5,359,000 | 8,088,000 | 12,826,000 |
| Net income | 5,371,000 | 13,994,000 | 21,121,000 | 33,413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,944,000 | 423,032,000 | 431,600,000 | 563,648,000 |
| Total capital | 179,941,000 | 441,687,000 | 456,631,000 | 596,138,000 |
| Risk-weighted assets | 1,530,670,000 | 2,032,799,000 | 2,861,372,000 | 3,815,162,000 |