Call reports 2021
PATRIOTS BANK — 2021
What PATRIOTS 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 | 162,307,000 | 164,101,000 | 169,901,000 | 170,580,000 |
| Total loans | 115,578,000 | 121,770,000 | 121,760,000 | 129,022,000 |
| Allowance for loan losses | 1,081,000 | 1,161,000 | 1,211,000 | 1,245,000 |
| Securities available for sale | 21,653,000 | 25,076,000 | 24,818,000 | 26,611,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,693,000 | 140,695,000 | 146,186,000 | 148,609,000 |
| Interest-bearing deposits | 110,575,000 | 112,279,000 | 114,321,000 | 113,455,000 |
| Noninterest-bearing deposits | 28,118,000 | 28,416,000 | 31,865,000 | 35,154,000 |
| Equity capital | 15,076,000 | 15,350,000 | 15,733,000 | 14,882,000 |
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 | 1,745,000 | 3,587,000 | 5,466,000 | 7,212,000 |
| Interest expense | 199,000 | 378,000 | 531,000 | 661,000 |
| Net interest income | 1,546,000 | 3,209,000 | 4,935,000 | 6,551,000 |
| Noninterest income | 174,000 | 364,000 | 572,000 | 775,000 |
| Noninterest expense | 1,282,000 | 2,639,000 | 4,077,000 | 6,013,000 |
| Provision for loan losses | 30,000 | 110,000 | 160,000 | 770,000 |
| Pretax income | 408,000 | 824,000 | 1,284,000 | 557,000 |
| Income tax | 25,000 | 41,000 | 62,000 | 75,000 |
| Net income | 383,000 | 783,000 | 1,222,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,795,000 | 15,002,000 | 15,441,000 | 14,700,000 |