Call reports 2021
PROSPECT BANK — 2021
What PROSPECT 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 | 685,502,000 | 689,093,000 | 684,011,000 | 696,860,000 |
| Total loans | 394,664,000 | 399,383,000 | 409,301,000 | 415,294,000 |
| Allowance for loan losses | 3,853,000 | 3,867,000 | 3,868,000 | 3,784,000 |
| Securities available for sale | 232,124,000 | 249,219,000 | 240,769,000 | 225,091,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 5,104,000 | 5,418,000 | 3,814,000 | 3,198,000 |
| Total deposits | 593,960,000 | 587,662,000 | 565,144,000 | 590,432,000 |
| Interest-bearing deposits | 519,866,000 | 521,287,000 | 493,393,000 | 520,137,000 |
| Noninterest-bearing deposits | 74,094,000 | 66,375,000 | 71,751,000 | 70,295,000 |
| Equity capital | 55,735,000 | 56,121,000 | 57,920,000 | 57,611,000 |
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 | 5,094,000 | 10,214,000 | 15,703,000 | 20,956,000 |
| Interest expense | 447,000 | 804,000 | 1,100,000 | 1,370,000 |
| Net interest income | 4,647,000 | 9,410,000 | 14,603,000 | 19,586,000 |
| Noninterest income | 926,000 | 1,835,000 | 2,674,000 | 3,544,000 |
| Noninterest expense | 3,283,000 | 6,593,000 | 10,174,000 | 13,645,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 75,000 |
| Pretax income | 2,215,000 | 4,579,000 | 7,146,000 | 8,923,000 |
| Income tax | 5,000 | 39,000 | 73,000 | 92,000 |
| Net income | 2,210,000 | 4,540,000 | 7,073,000 | 8,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,360,000 | 57,389,000 | 59,090,000 | 60,861,000 |
| Total capital | 60,213,000 | 61,256,000 | 62,958,000 | 64,645,000 |
| Risk-weighted assets | 452,249,000 | 449,977,000 | 484,909,000 | 486,412,000 |