Call reports 2021
PORTAGE BANK — 2021
What PORTAGE 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 | 25,819,000 | 30,558,000 | 32,918,000 | 40,591,000 |
| Total loans | 20,703,000 | 25,050,000 | 25,362,000 | 28,382,000 |
| Allowance for loan losses | 204,000 | 247,000 | 268,000 | 295,000 |
| Securities available for sale | 1,548,000 | 2,743,000 | 2,658,000 | 4,524,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,136,000 | 26,362,000 | 28,570,000 | 36,027,000 |
| Interest-bearing deposits | 19,625,000 | 24,376,000 | 25,895,000 | 32,045,000 |
| Noninterest-bearing deposits | 2,511,000 | 1,986,000 | 2,676,000 | 3,982,000 |
| Equity capital | 3,405,000 | 4,043,000 | 4,221,000 | 4,366,000 |
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 | 356,000 | 848,000 | 1,282,000 | 1,803,000 |
| Interest expense | 30,000 | 64,000 | 101,000 | 146,000 |
| Net interest income | 326,000 | 784,000 | 1,181,000 | 1,657,000 |
| Noninterest income | 161,000 | 382,000 | 620,000 | 763,000 |
| Noninterest expense | 330,000 | 716,000 | 1,103,000 | 1,535,000 |
| Provision for loan losses | 18,000 | 60,000 | 78,000 | 105,000 |
| Pretax income | 139,000 | 384,000 | 614,000 | 780,000 |
| Income tax | 36,000 | 107,000 | 166,000 | 165,000 |
| Net income | 103,000 | 277,000 | 448,000 | 615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,402,000 | 4,026,000 | 4,208,000 | 4,374,000 |
| Total capital | 3,606,000 | 4,273,000 | 4,476,000 | 4,669,000 |
| Risk-weighted assets | 18,689,000 | 23,566,000 | 21,512,000 | 25,703,000 |
Machine access — free, no API key
Every figure shown here about PORTAGE BANK — 2021 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.