Call reports 2021
ASCEND BANK — 2021
What ASCEND 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 | 983,449,000 | 1,007,378,000 | 1,012,506,000 | 1,024,762,000 |
| Total loans | 700,895,000 | 685,142,000 | 696,018,000 | 695,530,000 |
| Allowance for loan losses | 7,940,000 | 7,806,000 | 7,786,000 | 7,708,000 |
| Securities available for sale | 162,443,000 | 198,291,000 | 192,441,000 | 206,740,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 821,325,000 | 859,299,000 | 875,720,000 | 887,143,000 |
| Interest-bearing deposits | 734,159,000 | 766,082,000 | 776,921,000 | 789,133,000 |
| Noninterest-bearing deposits | 87,166,000 | 93,217,000 | 98,799,000 | 98,010,000 |
| Equity capital | 109,113,000 | 112,399,000 | 113,545,000 | 114,618,000 |
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 | 8,040,000 | 15,699,000 | 23,497,000 | 31,233,000 |
| Interest expense | 974,000 | 1,908,000 | 2,750,000 | 3,571,000 |
| Net interest income | 7,066,000 | 13,791,000 | 20,747,000 | 27,662,000 |
| Noninterest income | 1,429,000 | 2,959,000 | 4,520,000 | 6,102,000 |
| Noninterest expense | 5,788,000 | 11,778,000 | 18,021,000 | 25,381,000 |
| Provision for loan losses | 160,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 2,922,000 | 5,683,000 | 7,527,000 | 9,233,000 |
| Income tax | 552,000 | 1,035,000 | 1,406,000 | 1,713,000 |
| Net income | 2,370,000 | 4,648,000 | 6,121,000 | 7,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,720,000 | 110,056,000 | 111,588,000 | 113,030,000 |