Call reports 2021
FIRST NATIONAL BANK, CORTEZ — 2021
What FIRST NATIONAL BANK, CORTEZ 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 | 122,365,000 | 126,234,000 | 128,753,000 | 133,952,000 |
| Total loans | 64,867,000 | 66,863,000 | 63,242,000 | 63,565,000 |
| Allowance for loan losses | 984,000 | 994,000 | 996,000 | 1,017,000 |
| Securities available for sale | 9,024,000 | 7,853,000 | 17,171,000 | 18,110,000 |
| Securities held to maturity | 10,093,000 | 15,881,000 | 15,512,000 | 16,967,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,366,000 | 106,968,000 | 109,282,000 | 114,461,000 |
| Interest-bearing deposits | 68,588,000 | 70,588,000 | 72,278,000 | 76,290,000 |
| Noninterest-bearing deposits | 34,778,000 | 36,380,000 | 37,004,000 | 38,171,000 |
| Equity capital | 12,452,000 | 12,651,000 | 12,854,000 | 12,897,000 |
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 | 997,000 | 2,072,000 | 3,230,000 | 4,289,000 |
| Interest expense | 81,000 | 160,000 | 239,000 | 318,000 |
| Net interest income | 916,000 | 1,912,000 | 2,991,000 | 3,971,000 |
| Noninterest income | 107,000 | 219,000 | 334,000 | 453,000 |
| Noninterest expense | 826,000 | 1,640,000 | 2,457,000 | 3,283,000 |
| Provision for loan losses | 0 | 20,000 | 20,000 | 20,000 |
| Pretax income | 112,000 | 403,000 | 746,000 | 951,000 |
| Income tax | 24,000 | 92,000 | 169,000 | 218,000 |
| Net income | 88,000 | 311,000 | 577,000 | 733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,307,000 | 12,530,000 | 12,796,000 | 12,950,000 |
| Total capital | 13,269,000 | 13,497,000 | 13,758,000 | 13,915,000 |
| Risk-weighted assets | 76,893,000 | 77,164,000 | 76,912,000 | 77,091,000 |