Call reports 2021
HAPPEN BANK, NATIONAL ASSOCIATION — 2021
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 3,290,896,000 | 3,357,898,000 | 4,013,939,000 | 4,322,051,000 |
| Total loans | 2,176,263,000 | 2,503,947,000 | 2,790,474,000 | 3,234,575,000 |
| Allowance for loan losses | 36,132,000 | 71,081,000 | 104,736,000 | 144,389,000 |
| Securities available for sale | 151,653,000 | 182,127,000 | 201,438,000 | 205,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,409,724,000 | 2,541,317,000 | 2,910,171,000 | 3,196,929,000 |
| Interest-bearing deposits | 2,229,262,000 | 2,445,518,000 | 2,614,663,000 | 2,919,203,000 |
| Noninterest-bearing deposits | 180,461,000 | 95,798,000 | 295,508,000 | 277,726,000 |
| Equity capital | 428,552,000 | 494,988,000 | 556,981,000 | 634,249,000 |
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 | 17,499,000 | 62,821,000 | 127,429,000 | 210,740,000 |
| Interest expense | 1,247,000 | 3,218,000 | 5,489,000 | 8,412,000 |
| Net interest income | 16,252,000 | 59,603,000 | 121,940,000 | 202,328,000 |
| Noninterest income | 56,006,000 | 213,060,000 | 389,562,000 | 558,017,000 |
| Noninterest expense | 75,500,000 | 213,680,000 | 374,782,000 | 547,798,000 |
| Provision for loan losses | 23,553,000 | 58,529,000 | 95,662,000 | 140,952,000 |
| Pretax income | -27,448,000 | -180,000 | 39,538,000 | 70,120,000 |
| Income tax | -23,000 | -12,536,000 | -7,866,000 | -9,171,000 |
| Net income | -27,425,000 | 12,356,000 | 47,404,000 | 79,291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 338,909,000 | 396,503,000 | 453,453,000 | 523,748,000 |
| Total capital | 356,882,000 | 423,211,000 | 485,400,000 | 563,693,000 |
| Risk-weighted assets | 1,617,882,000 | 2,122,965,000 | 2,513,979,000 | 3,130,397,000 |