Call reports 2021
LOCUS BANK, INC. — 2021
What LOCUS BANK, INC. 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 | 221,787,000 | 233,397,000 | 235,502,000 | 228,708,000 |
| Total loans | 173,479,000 | 175,800,000 | 174,332,000 | 165,233,000 |
| Allowance for loan losses | 2,137,000 | 2,002,000 | 1,664,000 | 1,459,000 |
| Securities available for sale | 17,752,000 | 20,490,000 | 26,676,000 | 27,481,000 |
| Securities held to maturity | 5,033,000 | 5,032,000 | 4,988,000 | 4,901,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,089,000 | 191,371,000 | 192,413,000 | 189,652,000 |
| Interest-bearing deposits | 158,771,000 | 179,188,000 | 175,979,000 | 173,004,000 |
| Noninterest-bearing deposits | 14,318,000 | 12,183,000 | 16,434,000 | 16,648,000 |
| Equity capital | 25,946,000 | 27,617,000 | 29,390,000 | 29,421,000 |
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 | 2,169,000 | 4,386,000 | 6,621,000 | 8,741,000 |
| Interest expense | 495,000 | 920,000 | 1,286,000 | 1,622,000 |
| Net interest income | 1,674,000 | 3,466,000 | 5,335,000 | 7,119,000 |
| Noninterest income | 79,000 | 145,000 | 241,000 | 356,000 |
| Noninterest expense | 1,185,000 | 2,343,000 | 3,542,000 | 4,715,000 |
| Provision for loan losses | 99,000 | -37,000 | -363,000 | -566,000 |
| Pretax income | 469,000 | 1,332,000 | 2,424,000 | 3,371,000 |
| Income tax | 79,000 | 250,000 | 471,000 | 605,000 |
| Net income | 390,000 | 1,082,000 | 1,953,000 | 2,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,842,000 | 26,525,000 | 29,426,000 | 29,626,000 |