Call reports 2021
ADRIAN STATE BANK — 2021
What ADRIAN STATE 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 | 63,301,000 | 59,991,000 | 61,312,000 | 62,281,000 |
| Total loans | 39,850,000 | 38,764,000 | 38,245,000 | 40,675,000 |
| Allowance for loan losses | 599,000 | 631,000 | 634,000 | 593,000 |
| Securities available for sale | 4,888,000 | 6,775,000 | 7,993,000 | 8,131,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,707,000 | 54,231,000 | 55,386,000 | 56,586,000 |
| Interest-bearing deposits | 37,814,000 | 37,994,000 | 37,635,000 | 36,278,000 |
| Noninterest-bearing deposits | 19,893,000 | 16,237,000 | 17,751,000 | 20,308,000 |
| Equity capital | 5,390,000 | 5,546,000 | 5,786,000 | 5,601,000 |
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 | 518,000 | 1,050,000 | 1,626,000 | 2,071,000 |
| Interest expense | 63,000 | 119,000 | 172,000 | 216,000 |
| Net interest income | 455,000 | 931,000 | 1,454,000 | 1,855,000 |
| Noninterest income | 23,000 | 53,000 | 78,000 | 101,000 |
| Noninterest expense | 319,000 | 631,000 | 927,000 | 1,287,000 |
| Provision for loan losses | 30,000 | 60,000 | 63,000 | 104,000 |
| Pretax income | 129,000 | 293,000 | 542,000 | 565,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 52,000 |
| Net income | 128,000 | 292,000 | 541,000 | 513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,371,000 | 5,535,000 | 5,784,000 | 5,657,000 |