Call reports 2021
APPLIED BANK — 2021
What APPLIED 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 | 199,058,000 | 210,812,000 | 236,545,000 | 224,760,000 |
| Total loans | 76,854,000 | 71,298,000 | 58,071,000 | 48,635,000 |
| Allowance for loan losses | 361,000 | 334,000 | 281,000 | 234,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,409,000 | 168,968,000 | 194,029,000 | 182,222,000 |
| Interest-bearing deposits | 84,489,000 | 88,846,000 | 108,635,000 | 115,514,000 |
| Noninterest-bearing deposits | 72,920,000 | 80,122,000 | 85,394,000 | 66,708,000 |
| Equity capital | 40,502,000 | 40,987,000 | 41,554,000 | 42,000,000 |
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 | 1,181,000 | 2,283,000 | 3,422,000 | 4,384,000 |
| Interest expense | 9,000 | 19,000 | 30,000 | 43,000 |
| Net interest income | 1,172,000 | 2,264,000 | 3,392,000 | 4,341,000 |
| Noninterest income | 1,189,000 | 2,415,000 | 3,557,000 | 4,536,000 |
| Noninterest expense | 1,826,000 | 3,662,000 | 5,388,000 | 6,924,000 |
| Provision for loan losses | 12,000 | -12,000 | -65,000 | -112,000 |
| Pretax income | 523,000 | 1,029,000 | 1,626,000 | 2,094,000 |
| Income tax | 25,000 | 46,000 | 76,000 | 98,000 |
| Net income | 498,000 | 983,000 | 1,550,000 | 1,996,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,502,000 | 40,987,000 | 41,554,000 | 42,000,000 |
| Total capital | 40,863,000 | 41,321,000 | 41,836,000 | 42,235,000 |
| Risk-weighted assets | 59,547,000 | 62,268,000 | 53,033,000 | 48,859,000 |