Call reports 2021
NEW CENTURY BANK — 2021
What NEW CENTURY 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 | 60,965,000 | 59,849,000 | 58,146,000 | 56,481,000 |
| Total loans | 49,561,000 | 49,879,000 | 50,071,000 | 49,710,000 |
| Allowance for loan losses | 900,000 | 895,000 | 880,000 | 881,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,152,000 | 50,710,000 | 48,622,000 | 46,942,000 |
| Interest-bearing deposits | 44,489,000 | 43,183,000 | 42,019,000 | 40,256,000 |
| Noninterest-bearing deposits | 7,663,000 | 7,527,000 | 6,603,000 | 6,686,000 |
| Equity capital | 6,916,000 | 6,973,000 | 7,350,000 | 7,477,000 |
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 | 1,086,000 | 2,108,000 | 3,071,000 | 4,082,000 |
| Interest expense | 160,000 | 301,000 | 437,000 | 563,000 |
| Net interest income | 926,000 | 1,807,000 | 2,634,000 | 3,519,000 |
| Noninterest income | 308,000 | 563,000 | 782,000 | 1,002,000 |
| Noninterest expense | 644,000 | 1,311,000 | 1,971,000 | 2,676,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 590,000 | 1,061,000 | 1,449,000 | 1,850,000 |
| Income tax | 1,000 | 41,000 | 52,000 | 75,000 |
| Net income | 589,000 | 1,020,000 | 1,397,000 | 1,775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,916,000 | 6,973,000 | 7,350,000 | 7,477,000 |
| Total capital | 7,415,000 | 7,452,000 | 7,816,000 | 7,958,000 |
| Risk-weighted assets | 39,519,000 | 37,926,000 | 36,887,000 | 38,080,000 |