Call reports 2021
METHOD BANK — 2021
What METHOD 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 | 20,908,000 | 21,324,000 | 20,932,000 | 23,256,000 |
| Total loans | 7,397,000 | 7,428,000 | 7,196,000 | 14,606,000 |
| Allowance for loan losses | 102,000 | 104,000 | 106,000 | 345,000 |
| Securities available for sale | 3,504,000 | 3,506,000 | 3,330,000 | 3,303,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,803,000 | 13,265,000 | 13,494,000 | 13,434,000 |
| Interest-bearing deposits | 7,286,000 | 7,279,000 | 7,157,000 | 7,144,000 |
| Noninterest-bearing deposits | 5,517,000 | 5,986,000 | 6,337,000 | 6,290,000 |
| Equity capital | 7,594,000 | 7,546,000 | 7,421,000 | 6,810,000 |
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 | 170,000 | 339,000 | 515,000 | 675,000 |
| Interest expense | 11,000 | 22,000 | 34,000 | 42,000 |
| Net interest income | 159,000 | 317,000 | 481,000 | 633,000 |
| Noninterest income | 18,000 | 33,000 | 52,000 | 176,000 |
| Noninterest expense | 156,000 | 371,000 | 670,000 | 1,285,000 |
| Provision for loan losses | 5,000 | 14,000 | 17,000 | 264,000 |
| Pretax income | 16,000 | -35,000 | -154,000 | -740,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 15,000 | -36,000 | -155,000 | -741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,571,000 | 6,348,000 | 6,229,000 | 5,643,000 |
| Total capital | 6,673,000 | — | — | — |
| Risk-weighted assets | 10,152,000 | — | — | — |