Call reports 2021
LOGAN BANK & TRUST COMPANY — 2021
What LOGAN BANK & TRUST COMPANY 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 | 320,464,000 | 319,628,000 | 330,805,000 | 332,047,000 |
| Total loans | 133,053,000 | 130,270,000 | 120,307,000 | 130,905,000 |
| Allowance for loan losses | 1,164,000 | 1,184,000 | 1,202,000 | 1,202,000 |
| Securities available for sale | 124,283,000 | 128,145,000 | 146,195,000 | 156,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 287,811,000 | 286,072,000 | 296,646,000 | 299,247,000 |
| Interest-bearing deposits | 197,241,000 | 195,790,000 | 204,595,000 | 203,215,000 |
| Noninterest-bearing deposits | 90,570,000 | 90,282,000 | 92,051,000 | 96,032,000 |
| Equity capital | 28,084,000 | 29,111,000 | 29,930,000 | 28,895,000 |
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 | 1,960,000 | 4,023,000 | 6,194,000 | 8,164,000 |
| Interest expense | 200,000 | 381,000 | 546,000 | 687,000 |
| Net interest income | 1,760,000 | 3,642,000 | 5,648,000 | 7,477,000 |
| Noninterest income | 354,000 | 780,000 | 1,173,000 | 1,571,000 |
| Noninterest expense | 1,462,000 | 2,917,000 | 4,428,000 | 5,971,000 |
| Provision for loan losses | 20,000 | 40,000 | 60,000 | 60,000 |
| Pretax income | 897,000 | 1,931,000 | 2,816,000 | 3,499,000 |
| Income tax | 139,000 | 336,000 | 412,000 | 479,000 |
| Net income | 758,000 | 1,595,000 | 2,404,000 | 3,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,243,000 | 27,703,000 | 28,184,000 | 28,349,000 |