Call reports 2021
ASPIRE BANK — 2021
What ASPIRE 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 | 50,235,000 | 55,029,000 | 55,066,000 | 58,047,000 |
| Total loans | 43,935,000 | 45,531,000 | 46,755,000 | 42,841,000 |
| Allowance for loan losses | 391,000 | 412,000 | 474,000 | 471,000 |
| Securities available for sale | 75,000 | 67,000 | 60,000 | 53,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,795,000 | 43,368,000 | 47,188,000 | 51,617,000 |
| Interest-bearing deposits | 31,322,000 | 33,561,000 | 36,597,000 | 40,815,000 |
| Noninterest-bearing deposits | 12,473,000 | 9,807,000 | 10,591,000 | 10,802,000 |
| Equity capital | 4,418,000 | 4,760,000 | 5,061,000 | 5,388,000 |
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 | 644,000 | 1,395,000 | 2,086,000 | 2,639,000 |
| Interest expense | 88,000 | 178,000 | 251,000 | 330,000 |
| Net interest income | 556,000 | 1,217,000 | 1,835,000 | 2,309,000 |
| Noninterest income | 29,000 | 70,000 | 102,000 | 133,000 |
| Noninterest expense | 311,000 | 651,000 | 930,000 | 2,108,000 |
| Provision for loan losses | 20,000 | 39,000 | 59,000 | 59,000 |
| Pretax income | 254,000 | 597,000 | 948,000 | 275,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 254,000 | 597,000 | 948,000 | 275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,847,000 | 4,189,000 | 4,491,000 | 4,818,000 |
| Total capital | 4,238,000 | 4,601,000 | 4,965,000 | 5,289,000 |
| Risk-weighted assets | 38,955,000 | 41,093,000 | 46,495,000 | 42,780,000 |