Call reports 2021
BANK OF PROTECTION, THE — 2021
What BANK OF PROTECTION, THE 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 | 77,280,000 | 79,207,000 | 79,523,000 | 81,883,000 |
| Total loans | 46,915,000 | 44,663,000 | 42,310,000 | 44,950,000 |
| Allowance for loan losses | 629,000 | 629,000 | 611,000 | 696,000 |
| Securities available for sale | 15,999,000 | 17,138,000 | 19,321,000 | 21,497,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,740,000 | 63,820,000 | 63,791,000 | 66,536,000 |
| Interest-bearing deposits | 46,718,000 | 47,304,000 | 47,744,000 | 48,882,000 |
| Noninterest-bearing deposits | 15,022,000 | 16,515,000 | 16,047,000 | 17,654,000 |
| Equity capital | 11,594,000 | 11,932,000 | 12,254,000 | 11,933,000 |
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 | 782,000 | 1,650,000 | 2,472,000 | 3,196,000 |
| Interest expense | 85,000 | 167,000 | 242,000 | 311,000 |
| Net interest income | 697,000 | 1,483,000 | 2,230,000 | 2,885,000 |
| Noninterest income | 49,000 | 96,000 | 139,000 | 185,000 |
| Noninterest expense | 418,000 | 873,000 | 1,343,000 | 1,820,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 335,000 | 724,000 | 1,044,000 | 1,243,000 |
| Income tax | 68,000 | 149,000 | 212,000 | 245,000 |
| Net income | 267,000 | 575,000 | 832,000 | 998,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,392,000 | 11,700,000 | 11,958,000 | 11,763,000 |
| Total capital | 12,020,000 | 12,329,000 | 12,569,000 | 12,459,000 |
| Risk-weighted assets | 56,353,000 | 55,443,000 | 55,227,000 | 57,897,000 |