Call reports 2021
FIRST SERVICE BANK — 2021
What FIRST SERVICE 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 | 447,207,000 | 449,651,000 | 486,257,000 | 489,247,000 |
| Total loans | 359,159,000 | 372,263,000 | 377,307,000 | 388,778,000 |
| Allowance for loan losses | 4,707,000 | 5,296,000 | 5,620,000 | 5,812,000 |
| Securities available for sale | 36,496,000 | 43,505,000 | 45,068,000 | 45,430,000 |
| Securities held to maturity | 4,298,000 | 4,092,000 | 4,087,000 | 4,084,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,682,000 | 389,450,000 | 430,831,000 | 434,601,000 |
| Interest-bearing deposits | 296,345,000 | 290,470,000 | 318,992,000 | 317,738,000 |
| Noninterest-bearing deposits | 98,336,000 | 98,981,000 | 111,840,000 | 116,864,000 |
| Equity capital | 49,625,000 | 51,014,000 | 52,761,000 | 52,436,000 |
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 | 5,363,000 | 10,371,000 | 15,618,000 | 21,100,000 |
| Interest expense | 740,000 | 1,403,000 | 1,885,000 | 2,341,000 |
| Net interest income | 4,623,000 | 8,968,000 | 13,733,000 | 18,759,000 |
| Noninterest income | 1,912,000 | 4,093,000 | 5,602,000 | 7,875,000 |
| Noninterest expense | 3,535,000 | 7,870,000 | 11,576,000 | 15,982,000 |
| Provision for loan losses | 182,000 | 765,000 | 1,065,000 | 2,182,000 |
| Pretax income | 2,818,000 | 4,426,000 | 6,694,000 | 8,470,000 |
| Income tax | 674,000 | 1,075,000 | 1,598,000 | 2,032,000 |
| Net income | 2,144,000 | 3,351,000 | 5,096,000 | 6,438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,830,000 | 51,038,000 | 52,785,000 | 52,595,000 |