Call reports 2021
COVINGTON COUNTY BANK — 2021
What COVINGTON COUNTY 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 | 85,179,000 | 82,295,000 | 87,311,000 | 88,192,000 |
| Total loans | 42,335,000 | 41,940,000 | 41,895,000 | 42,072,000 |
| Allowance for loan losses | 176,000 | 198,000 | 426,000 | 423,000 |
| Securities available for sale | 26,280,000 | 25,088,000 | 23,280,000 | 23,399,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,439,000 | 74,257,000 | 77,444,000 | 78,969,000 |
| Interest-bearing deposits | 41,835,000 | 42,063,000 | 41,708,000 | 43,624,000 |
| Noninterest-bearing deposits | 35,604,000 | 32,194,000 | 35,736,000 | 35,345,000 |
| Equity capital | 7,559,000 | 7,887,000 | 9,542,000 | 8,684,000 |
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 | 650,000 | 1,269,000 | 1,931,000 | 2,584,000 |
| Interest expense | 106,000 | 209,000 | 308,000 | 399,000 |
| Net interest income | 544,000 | 1,060,000 | 1,623,000 | 2,185,000 |
| Noninterest income | 214,000 | 453,000 | 2,489,000 | 2,683,000 |
| Noninterest expense | 618,000 | 1,227,000 | 1,829,000 | 2,647,000 |
| Provision for loan losses | 25,000 | 50,000 | 300,000 | 300,000 |
| Pretax income | 115,000 | 236,000 | 1,786,000 | 1,724,000 |
| Income tax | 35,000 | 73,000 | 126,000 | 435,000 |
| Net income | 80,000 | 163,000 | 1,660,000 | 1,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,677,000 | 7,760,000 | 9,256,000 | 8,639,000 |
| Total capital | 7,853,000 | 7,958,000 | 9,682,000 | 9,062,000 |
| Risk-weighted assets | 49,120,000 | 47,733,000 | 48,635,000 | 48,278,000 |