Call reports 2021
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2021
What ARMED FORCES 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 | 1,249,498,000 | 1,225,231,000 | 1,237,069,000 | 1,230,840,000 |
| Total loans | 546,082,000 | 547,406,000 | 552,757,000 | 614,558,000 |
| Allowance for loan losses | 14,220,000 | 14,073,000 | 13,584,000 | 11,389,000 |
| Securities available for sale | 400,365,000 | 446,268,000 | 475,577,000 | 453,482,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,056,653,000 | 1,034,265,000 | 1,033,533,000 | 1,029,128,000 |
| Interest-bearing deposits | 708,024,000 | 699,772,000 | 702,215,000 | 691,669,000 |
| Noninterest-bearing deposits | 348,629,000 | 334,493,000 | 331,318,000 | 337,459,000 |
| Equity capital | 185,794,000 | 183,911,000 | 189,092,000 | 186,009,000 |
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 | 7,335,000 | 14,980,000 | 23,093,000 | 31,753,000 |
| Interest expense | 349,000 | 619,000 | 839,000 | 1,000,000 |
| Net interest income | 6,986,000 | 14,361,000 | 22,254,000 | 30,753,000 |
| Noninterest income | 12,635,000 | 23,734,000 | 36,850,000 | 48,272,000 |
| Noninterest expense | 14,761,000 | 28,538,000 | 42,848,000 | 58,920,000 |
| Provision for loan losses | 100,000 | 100,000 | 100,000 | -1,300,000 |
| Pretax income | 4,665,000 | 9,377,000 | 16,051,000 | 21,249,000 |
| Income tax | 1,205,000 | 2,437,000 | 4,130,000 | 4,924,000 |
| Net income | 3,460,000 | 6,940,000 | 11,921,000 | 16,325,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 174,578,000 | 173,121,000 | 178,194,000 | 171,908,000 |
| Total capital | 183,238,000 | 182,136,000 | 187,410,000 | 181,298,000 |
| Risk-weighted assets | 687,069,000 | 715,963,000 | 732,737,000 | 749,025,000 |