Call reports 2021
PIERMONT BANK — 2021
What PIERMONT 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 | 253,855,000 | 287,303,000 | 346,764,000 | 364,162,000 |
| Total loans | 99,487,000 | 126,855,000 | 136,988,000 | 156,945,000 |
| Allowance for loan losses | 1,166,000 | 1,556,000 | 1,769,000 | 2,044,000 |
| Securities available for sale | 43,047,000 | 56,712,000 | 63,966,000 | 60,178,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,291,000 | 253,723,000 | 293,490,000 | 313,095,000 |
| Interest-bearing deposits | 119,749,000 | 113,092,000 | 113,140,000 | 116,082,000 |
| Noninterest-bearing deposits | 99,542,000 | 140,631,000 | 180,350,000 | 197,013,000 |
| Equity capital | 32,414,000 | 32,115,000 | 49,842,000 | 49,212,000 |
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 | 1,333,000 | 2,845,000 | 4,733,000 | 6,628,000 |
| Interest expense | 85,000 | 169,000 | 247,000 | 323,000 |
| Net interest income | 1,248,000 | 2,676,000 | 4,486,000 | 6,305,000 |
| Noninterest income | 35,000 | 768,000 | 1,240,000 | 1,872,000 |
| Noninterest expense | 1,785,000 | 4,210,000 | 6,816,000 | 9,540,000 |
| Provision for loan losses | 146,000 | 537,000 | 749,000 | 1,025,000 |
| Pretax income | -648,000 | -1,303,000 | -1,839,000 | -2,388,000 |
| Income tax | 14,000 | 28,000 | 41,000 | 56,000 |
| Net income | -662,000 | -1,331,000 | -1,880,000 | -2,444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,783,000 | 32,272,000 | 50,115,000 | 49,752,000 |
| Total capital | 33,949,000 | 33,828,000 | 51,884,000 | 51,796,000 |
| Risk-weighted assets | 101,194,000 | 132,033,000 | 150,284,000 | 170,071,000 |