Call reports 2021
SMARTBIZ BANK, N.A. — 2021
What SMARTBIZ BANK, N.A. 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 | 169,181,000 | 161,256,000 | 158,810,000 | 159,204,000 |
| Total loans | 116,264,000 | 114,660,000 | 103,037,000 | 103,796,000 |
| Allowance for loan losses | 1,702,000 | 1,702,000 | 1,642,000 | 1,677,000 |
| Securities available for sale | 16,123,000 | 16,638,000 | 16,411,000 | 16,569,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,821,000 | 137,123,000 | 130,794,000 | 136,135,000 |
| Interest-bearing deposits | 95,173,000 | 95,396,000 | 88,832,000 | 87,385,000 |
| Noninterest-bearing deposits | 47,648,000 | 41,727,000 | 41,963,000 | 48,750,000 |
| Equity capital | 19,003,000 | 19,266,000 | 19,478,000 | 19,675,000 |
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 | 1,830,000 | 3,501,000 | 5,154,000 | 6,741,000 |
| Interest expense | 178,000 | 301,000 | 404,000 | 490,000 |
| Net interest income | 1,652,000 | 3,200,000 | 4,750,000 | 6,251,000 |
| Noninterest income | 410,000 | 656,000 | 1,052,000 | 1,339,000 |
| Noninterest expense | 1,363,000 | 2,769,000 | 4,418,000 | 5,738,000 |
| Provision for loan losses | 60,000 | 60,000 | 0 | 35,000 |
| Pretax income | 639,000 | 1,027,000 | 1,384,000 | 1,817,000 |
| Income tax | 182,000 | 293,000 | 394,000 | 518,000 |
| Net income | 457,000 | 734,000 | 990,000 | 1,299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,164,000 | 15,552,000 | 15,910,000 | 16,168,000 |
| Total capital | 16,378,000 | 16,827,000 | 17,136,000 | 17,488,000 |
| Risk-weighted assets | 96,622,000 | 101,610,000 | 97,696,000 | 105,279,000 |