Call reports 2021
QUONTIC BANK — 2021
What QUONTIC 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 | 1,423,291,000 | 1,280,201,000 | 1,048,828,000 | 916,091,000 |
| Total loans | 1,269,666,000 | 1,082,024,000 | 848,215,000 | 753,127,000 |
| Allowance for loan losses | 1,506,000 | 941,000 | 632,000 | 604,000 |
| Securities available for sale | 5,106,000 | 5,099,000 | 5,094,000 | 5,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 511,003,000 | 545,954,000 | 557,317,000 | 570,832,000 |
| Interest-bearing deposits | 477,206,000 | 516,889,000 | 533,435,000 | 550,114,000 |
| Noninterest-bearing deposits | 33,797,000 | 29,066,000 | 23,882,000 | 20,718,000 |
| Equity capital | 61,791,000 | 74,888,000 | 92,997,000 | 107,116,000 |
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 | 8,920,000 | 18,544,000 | 28,136,000 | 36,688,000 |
| Interest expense | 1,789,000 | 4,314,000 | 5,795,000 | 6,996,000 |
| Net interest income | 7,131,000 | 14,230,000 | 22,341,000 | 29,692,000 |
| Noninterest income | 11,668,000 | 34,153,000 | 67,783,000 | 99,726,000 |
| Noninterest expense | 11,107,000 | 23,091,000 | 40,041,000 | 57,466,000 |
| Provision for loan losses | -23,000 | -621,000 | -988,000 | -1,032,000 |
| Pretax income | 7,715,000 | 25,913,000 | 51,071,000 | 72,984,000 |
| Income tax | 2,160,000 | 7,256,000 | 14,300,000 | 22,015,000 |
| Net income | 5,555,000 | 18,657,000 | 36,771,000 | 50,969,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,422,000 | 72,031,000 | 91,250,000 | 104,194,000 |