Call reports 2021
FOUNDATION BANK — 2021
What FOUNDATION 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 | 176,393,000 | 179,081,000 | 181,819,000 | 186,905,000 |
| Total loans | 79,328,000 | 81,447,000 | 80,505,000 | 81,353,000 |
| Allowance for loan losses | 1,956,000 | 1,959,000 | 1,964,000 | 2,173,000 |
| Securities available for sale | 18,280,000 | 33,340,000 | 39,667,000 | 47,833,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,557,000 | 157,715,000 | 158,721,000 | 165,918,000 |
| Interest-bearing deposits | 101,199,000 | 105,759,000 | 107,651,000 | 108,435,000 |
| Noninterest-bearing deposits | 54,358,000 | 51,956,000 | 51,070,000 | 57,483,000 |
| Equity capital | 18,953,000 | 20,001,000 | 21,265,000 | 18,996,000 |
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 | 2,593,000 | 5,229,000 | 7,807,000 | 10,484,000 |
| Interest expense | 130,000 | 245,000 | 351,000 | 451,000 |
| Net interest income | 2,463,000 | 4,984,000 | 7,456,000 | 10,033,000 |
| Noninterest income | 710,000 | 1,836,000 | 2,909,000 | 3,798,000 |
| Noninterest expense | 1,413,000 | 3,389,000 | 5,237,000 | 7,676,000 |
| Provision for loan losses | 19,000 | 147,000 | 174,000 | 436,000 |
| Pretax income | 1,741,000 | 3,284,000 | 4,954,000 | 5,719,000 |
| Income tax | 455,000 | 912,000 | 1,321,000 | 1,597,000 |
| Net income | 1,286,000 | 2,372,000 | 3,633,000 | 4,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,021,000 | 20,107,000 | 21,368,000 | 19,356,000 |