Call reports 2021
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2021
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 322,853,000 | 333,250,000 | 388,198,000 | 366,188,000 |
| Total loans | 79,871,000 | 83,567,000 | 80,227,000 | 82,498,000 |
| Allowance for loan losses | 849,000 | 862,000 | 874,000 | 874,000 |
| Securities available for sale | 195,261,000 | 193,979,000 | 218,092,000 | 230,875,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 292,289,000 | 301,974,000 | 357,296,000 | 337,886,000 |
| Interest-bearing deposits | 222,684,000 | 221,798,000 | 248,371,000 | 250,849,000 |
| Noninterest-bearing deposits | 69,605,000 | 80,176,000 | 108,925,000 | 87,037,000 |
| Equity capital | 22,604,000 | 23,146,000 | 22,992,000 | 20,704,000 |
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 | 1,701,000 | 3,907,000 | 5,674,000 | 7,465,000 |
| Interest expense | 246,000 | 468,000 | 666,000 | 843,000 |
| Net interest income | 1,455,000 | 3,439,000 | 5,008,000 | 6,622,000 |
| Noninterest income | 272,000 | 584,000 | 913,000 | 1,056,000 |
| Noninterest expense | 1,704,000 | 3,428,000 | 5,140,000 | 7,084,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 45,000 |
| Pretax income | 125,000 | 720,000 | 909,000 | 809,000 |
| Income tax | -127,000 | -33,000 | -25,000 | -56,000 |
| Net income | 252,000 | 753,000 | 934,000 | 865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,290,000 | 20,575,000 | 20,538,000 | 20,387,000 |
| Total capital | 21,139,000 | 21,437,000 | 21,412,000 | 21,261,000 |
| Risk-weighted assets | 142,848,000 | 146,297,000 | 146,810,000 | 146,455,000 |