Call reports 2021
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2021
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 163,464,000 | 156,157,000 | 179,511,000 | 161,753,000 |
| Total loans | 94,907,000 | 85,504,000 | 78,536,000 | 68,410,000 |
| Allowance for loan losses | 2,342,000 | 2,061,000 | 1,721,000 | 1,475,000 |
| Securities available for sale | 20,235,000 | 22,966,000 | 40,444,000 | 56,160,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,591,000 | 136,951,000 | 159,430,000 | 139,358,000 |
| Interest-bearing deposits | 90,299,000 | 86,139,000 | 102,207,000 | 89,318,000 |
| Noninterest-bearing deposits | 54,292,000 | 50,812,000 | 57,223,000 | 50,041,000 |
| Equity capital | 18,083,000 | 18,543,000 | 19,297,000 | 19,870,000 |
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 | 1,493,000 | 2,842,000 | 4,240,000 | 5,613,000 |
| Interest expense | 87,000 | 161,000 | 226,000 | 289,000 |
| Net interest income | 1,406,000 | 2,681,000 | 4,014,000 | 5,324,000 |
| Noninterest income | 46,000 | 81,000 | 88,000 | 324,000 |
| Noninterest expense | 1,519,000 | 2,861,000 | 4,128,000 | 5,087,000 |
| Provision for loan losses | -504,000 | -823,000 | -1,595,000 | -1,841,000 |
| Pretax income | 437,000 | 724,000 | 1,569,000 | 2,402,000 |
| Income tax | 1,000 | 6,000 | 8,000 | 9,000 |
| Net income | 436,000 | 718,000 | 1,561,000 | 2,393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,835,000 | 18,123,000 | 18,967,000 | 20,049,000 |
| Total capital | 18,818,000 | 19,080,000 | 19,900,000 | 21,000,000 |
| Risk-weighted assets | 77,242,000 | 75,349,000 | 73,795,000 | 75,460,000 |