Call reports 2021
FIRST CHOICE BANK — 2021
What FIRST CHOICE 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 | 389,047,000 | 387,823,000 | 389,461,000 | 395,401,000 |
| Total loans | 208,978,000 | 217,048,000 | 213,440,000 | 221,962,000 |
| Allowance for loan losses | 2,562,000 | 2,571,000 | 2,629,000 | 2,696,000 |
| Securities available for sale | 117,829,000 | 125,084,000 | 127,334,000 | 123,000,000 |
| Securities held to maturity | 965,000 | 450,000 | 450,000 | 450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,085,000 | 338,572,000 | 340,110,000 | 347,601,000 |
| Interest-bearing deposits | 308,049,000 | 290,135,000 | 292,271,000 | 294,995,000 |
| Noninterest-bearing deposits | 34,036,000 | 48,437,000 | 47,839,000 | 52,606,000 |
| Equity capital | 43,259,000 | 44,894,000 | 46,037,000 | 44,931,000 |
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 | 3,450,000 | 7,484,000 | 11,543,000 | 15,491,000 |
| Interest expense | 712,000 | 1,335,000 | 1,922,000 | 2,480,000 |
| Net interest income | 2,738,000 | 6,149,000 | 9,621,000 | 13,011,000 |
| Noninterest income | 629,000 | 1,247,000 | 1,955,000 | 2,636,000 |
| Noninterest expense | 2,302,000 | 4,636,000 | 7,116,000 | 9,757,000 |
| Provision for loan losses | 150,000 | 180,000 | 210,000 | 240,000 |
| Pretax income | 916,000 | 2,581,000 | 4,264,000 | 5,664,000 |
| Income tax | 180,000 | 555,000 | 946,000 | 1,071,000 |
| Net income | 736,000 | 2,026,000 | 3,318,000 | 4,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,807,000 | 44,104,000 | 45,401,000 | 45,024,000 |