Call reports 2021
MEDALLION BANK — 2021
What MEDALLION 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 | 1,333,317,000 | 1,413,904,000 | 1,480,084,000 | 1,542,395,000 |
| Total loans | 1,203,994,000 | 1,274,846,000 | 1,351,239,000 | 1,415,415,000 |
| Allowance for loan losses | 65,285,000 | 52,798,000 | 52,954,000 | 53,384,000 |
| Securities available for sale | 38,081,000 | 48,307,000 | 47,512,000 | 44,771,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,086,835,000 | 1,154,964,000 | 1,199,655,000 | 1,254,138,000 |
| Interest-bearing deposits | 1,086,835,000 | 1,154,964,000 | 1,199,655,000 | 1,254,138,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 228,630,000 | 242,164,000 | 257,707,000 | 262,447,000 |
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 | 35,750,000 | 73,295,000 | 112,770,000 | 154,159,000 |
| Interest expense | 4,711,000 | 9,176,000 | 13,366,000 | 17,544,000 |
| Net interest income | 31,039,000 | 64,119,000 | 99,404,000 | 136,615,000 |
| Noninterest income | -1,029,000 | -1,961,000 | -1,988,000 | -1,696,000 |
| Noninterest expense | 8,492,000 | 17,096,000 | 25,738,000 | 35,563,000 |
| Provision for loan losses | 2,739,000 | 2,364,000 | 2,168,000 | 3,746,000 |
| Pretax income | 18,751,000 | 42,667,000 | 69,479,000 | 95,560,000 |
| Income tax | 4,979,000 | 11,376,000 | 18,492,000 | 25,563,000 |
| Net income | 13,772,000 | 31,291,000 | 50,987,000 | 69,997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 228,056,000 | 241,563,000 | 257,247,000 | 262,247,000 |
| Total capital | 244,623,000 | 258,880,000 | 275,460,000 | 281,211,000 |
| Risk-weighted assets | 1,276,656,000 | 1,349,840,000 | 1,422,321,000 | 1,482,678,000 |