Call reports 2021
FORWARD BANK — 2021
What FORWARD 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 | 774,353,000 | 806,705,000 | 812,616,000 | 863,320,000 |
| Total loans | 537,000,000 | 549,757,000 | 535,897,000 | 551,723,000 |
| Allowance for loan losses | 4,881,000 | 5,054,000 | 5,269,000 | 5,029,000 |
| Securities available for sale | 111,019,000 | 143,284,000 | 152,195,000 | 172,614,000 |
| Securities held to maturity | 305,000 | 305,000 | 305,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 692,836,000 | 707,751,000 | 713,917,000 | 761,934,000 |
| Interest-bearing deposits | 508,116,000 | 513,231,000 | 519,145,000 | 549,114,000 |
| Noninterest-bearing deposits | 184,720,000 | 194,520,000 | 194,772,000 | 212,820,000 |
| Equity capital | 71,834,000 | 88,505,000 | 88,691,000 | 87,846,000 |
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 | 6,806,000 | 14,177,000 | 21,690,000 | 28,452,000 |
| Interest expense | 1,026,000 | 1,575,000 | 2,056,000 | 2,492,000 |
| Net interest income | 5,780,000 | 12,602,000 | 19,634,000 | 25,960,000 |
| Noninterest income | 2,725,000 | 5,509,000 | 7,180,000 | 10,717,000 |
| Noninterest expense | 5,445,000 | 11,274,000 | 17,321,000 | 26,269,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 476,000 |
| Pretax income | 2,941,000 | 6,497,000 | 8,928,000 | 10,042,000 |
| Income tax | 732,000 | 1,535,000 | 2,133,000 | 2,370,000 |
| Net income | 2,209,000 | 4,962,000 | 6,795,000 | 7,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,478,000 | 72,367,000 | 73,536,000 | 71,461,000 |
| Total capital | 61,359,000 | 77,421,000 | 78,805,000 | 76,490,000 |
| Risk-weighted assets | 532,254,000 | 554,129,000 | 562,692,000 | 591,220,000 |