Call reports 2021
NEW REPUBLIC BANK — 2021
What NEW REPUBLIC 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 | 91,543,000 | 71,040,000 | 65,084,000 | 86,814,000 |
| Total loans | 61,127,000 | 35,186,000 | 34,380,000 | 34,005,000 |
| Allowance for loan losses | 30,000 | 30,000 | 30,000 | 211,000 |
| Securities available for sale | 0 | 1,050,000 | 2,060,000 | 3,476,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,677,000 | 50,742,000 | 50,194,000 | 72,249,000 |
| Interest-bearing deposits | 54,577,000 | 41,559,000 | 40,056,000 | 32,905,000 |
| Noninterest-bearing deposits | 18,100,000 | 9,183,000 | 10,138,000 | 39,344,000 |
| Equity capital | 12,876,000 | 14,714,000 | 14,384,000 | 13,774,000 |
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 | 832,000 | 1,458,000 | 1,959,000 | 2,457,000 |
| Interest expense | 62,000 | 59,000 | 85,000 | 97,000 |
| Net interest income | 770,000 | 1,399,000 | 1,874,000 | 2,360,000 |
| Noninterest income | 24,000 | 236,000 | 264,000 | 291,000 |
| Noninterest expense | 987,000 | 2,145,000 | 2,978,000 | 3,871,000 |
| Provision for loan losses | 0 | 0 | 0 | 181,000 |
| Pretax income | -193,000 | -510,000 | -840,000 | -1,418,000 |
| Income tax | -59,000 | -213,000 | -213,000 | -213,000 |
| Net income | -134,000 | -297,000 | -627,000 | -1,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,710,000 | 11,620,000 | 11,303,000 | 10,737,000 |
| Total capital | 9,740,000 | 11,650,000 | — | 10,948,000 |
| Risk-weighted assets | 54,080,000 | 33,079,000 | — | 37,018,000 |