Call reports 2021
INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. — 2021
What INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. 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 | 92,886,000 | 110,626,000 | 112,982,000 | 124,556,000 |
| Total loans | 42,242,000 | 46,707,000 | 39,174,000 | 41,686,000 |
| Allowance for loan losses | 592,000 | 609,000 | 626,000 | 626,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,018,000 | 1,011,000 | 1,005,000 | 1,013,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,172,000 | 41,515,000 | 44,273,000 | 44,304,000 |
| Interest-bearing deposits | 3,744,000 | 8,744,000 | 8,745,000 | 8,745,000 |
| Noninterest-bearing deposits | 30,428,000 | 32,771,000 | 35,528,000 | 35,559,000 |
| Equity capital | 16,054,000 | 16,213,000 | 16,381,000 | 16,900,000 |
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 | 522,000 | 1,095,000 | 1,713,000 | 2,237,000 |
| Interest expense | 28,000 | 42,000 | 59,000 | 60,000 |
| Net interest income | 494,000 | 1,053,000 | 1,654,000 | 2,177,000 |
| Noninterest income | 585,000 | 1,126,000 | 1,668,000 | 2,116,000 |
| Noninterest expense | 828,000 | 1,680,000 | 2,436,000 | 3,107,000 |
| Provision for loan losses | 10,000 | 27,000 | 43,000 | 43,000 |
| Pretax income | 241,000 | 472,000 | 843,000 | 1,143,000 |
| Income tax | 68,000 | 140,000 | 343,000 | 428,000 |
| Net income | 173,000 | 332,000 | 500,000 | 715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,054,000 | 16,213,000 | 16,381,000 | 16,900,000 |
| Total capital | 16,616,000 | 16,822,000 | 16,931,000 | 17,470,000 |
| Risk-weighted assets | 44,965,000 | 49,800,000 | 43,891,000 | 45,556,000 |