Call reports 2018
CLEAR MOUNTAIN BANK, INC. — 2018
What CLEAR MOUNTAIN BANK, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 596,916,000 | 596,827,000 | 598,765,000 | 603,466,000 |
| Total loans | 447,168,000 | 457,907,000 | 469,035,000 | 465,429,000 |
| Allowance for loan losses | 7,343,000 | 7,453,000 | 7,580,000 | 7,643,000 |
| Securities available for sale | 58,509,000 | 57,444,000 | 55,438,000 | 58,390,000 |
| Securities held to maturity | 32,930,000 | 32,520,000 | 31,526,000 | 31,443,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 525,190,000 | 523,827,000 | 523,375,000 | 526,170,000 |
| Interest-bearing deposits | 375,646,000 | 379,585,000 | 377,187,000 | 379,228,000 |
| Noninterest-bearing deposits | 149,544,000 | 144,242,000 | 146,188,000 | 146,942,000 |
| Equity capital | 66,284,000 | 67,747,000 | 69,605,000 | 71,213,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 6,240,000 | 12,788,000 | 19,605,000 | 26,615,000 |
| Interest expense | 720,000 | 1,513,000 | 2,403,000 | 3,377,000 |
| Net interest income | 5,520,000 | 11,275,000 | 17,202,000 | 23,238,000 |
| Noninterest income | 1,367,000 | 2,958,000 | 4,627,000 | 6,314,000 |
| Noninterest expense | 4,373,000 | 8,689,000 | 13,142,000 | 18,109,000 |
| Provision for loan losses | 265,000 | 600,000 | 985,000 | 1,285,000 |
| Pretax income | 2,249,000 | 4,944,000 | 7,705,000 | 10,161,000 |
| Income tax | 524,000 | 1,155,000 | 1,805,000 | 2,374,000 |
| Net income | 1,725,000 | 3,789,000 | 5,900,000 | 7,787,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,982,000 | 69,647,000 | 71,758,000 | 72,844,000 |
| Total capital | 73,536,000 | 75,275,000 | 77,505,000 | 78,537,000 |
| Risk-weighted assets | 442,596,000 | 448,470,000 | 457,969,000 | 453,560,000 |