Call reports 2021
SPECTRA BANK — 2021
What SPECTRA 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 | 91,679,000 | 100,040,000 | 95,100,000 | 91,460,000 |
| Total loans | 43,174,000 | 38,234,000 | 33,644,000 | 29,920,000 |
| Allowance for loan losses | 793,000 | 802,000 | 814,000 | 846,000 |
| Securities available for sale | 0 | 6,190,000 | 12,302,000 | 14,780,000 |
| Securities held to maturity | 993,000 | 994,000 | 994,000 | 995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,486,000 | 94,392,000 | 89,560,000 | 86,162,000 |
| Interest-bearing deposits | 46,925,000 | 47,779,000 | 50,653,000 | 47,741,000 |
| Noninterest-bearing deposits | 35,561,000 | 46,613,000 | 38,907,000 | 38,421,000 |
| Equity capital | 5,282,000 | 5,320,000 | 5,195,000 | 5,058,000 |
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 | 694,000 | 1,331,000 | 1,937,000 | 2,440,000 |
| Interest expense | 123,000 | 245,000 | 350,000 | 446,000 |
| Net interest income | 571,000 | 1,086,000 | 1,587,000 | 1,994,000 |
| Noninterest income | 433,000 | 886,000 | 1,256,000 | 1,720,000 |
| Noninterest expense | 1,013,000 | 1,980,000 | 2,944,000 | 3,893,000 |
| Provision for loan losses | -750,000 | -750,000 | -750,000 | -750,000 |
| Pretax income | 741,000 | 742,000 | 649,000 | 571,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 741,000 | 742,000 | 649,000 | 571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,215,000 | 5,221,000 | 5,153,000 | 4,327,000 |
| Total capital | 5,784,000 | 5,768,000 | 5,700,000 | 4,327,000 |
| Risk-weighted assets | 45,368,000 | 43,568,000 | 43,532,000 | 40,818,000 |