Operator
Greetings, and welcome to the Spirit of Texas Bancshares first-quarter 2021 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Jerry Golemon, chief operating officer.
Thank you, sir. You may begin.
Jerry Golemon
Chief Operating Officer
Thank you, operator, and good morning, everyone. We appreciate you joining us for the Spirit of Texas Bancshares conference call and webcast to review 2021 first-quarter results. With me today is Mr. Dean Bass, chairman and chief executive officer; Mr.
David McGuire, president and chief lending officer; and Ms. Allison Johnson, chief financial officer. Following my opening remarks, we will provide a high-level review and commentary on the financial details of the first quarter before opening the call for Q&A. I d now like to cover a few housekeeping items.
Spirit of Texas Bancshares (STXB) Q1 2021 Earnings Call Transcript
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Spirit of Texas Bancshares, Inc Reports First Quarter 2021 Financial Results
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The natural gas storage report from the EIA for the week ending April 2nd indicated that the amount of natural gas held in underground storage in the US rose by 20 billion cubic feet to 1,784 billion cubic feet by the end of the week, which left our gas supplies 235 billion cubic feet, or 11.6% below the 2,019 billion cubic feet that were in storage on April 2nd of last year, and 36 billion cubic feet, or 1.3% below the five-year average of 1,808 billion cubic feet of natural gas that have been in storage as of the 2nd of April in recent years..the 20 billion cubic feet that were added to US natural gas storage this week was less than the average forecast of a 27 billion cubic foot addition from an S&P Global Platts survey of analysts, and was also less than the 30 billion cubic feet added to natural gas storage during the corresponding week of a year earlier, but was well more than the average addition of 8 billion cubic feet of natural gas that have typically been injected into nat